What does oil at $70 a barrel mean for the green economy?

Will Nichols
clock

Steady returns from renewables investments ensure sector is confident it can ride out oil price plunging below $60 a barrel

Plunging oil prices have been one of the biggest economic stories of the second half of 2014. From peaking at about $112 (£71.41) a barrel in June this year, Brent Crude is now trading below $70, bringing...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Energy

Housing in South-East London | iStock

L&Q launches pioneering £300m sustainability-linked bond

Housing association claims the bond linked to emissions reduction and energy efficiency improvements is a first for housing association sector

Alex Rolandi, Cecilia Keating
clock 14 January 2022 • 2 min read
ScottishPower's Carland Cross solar power facility, Cornwall (credit: @kieroninfocus)

ScottishPower says £500m investment plan puts it at 'forefront' of UK solar industry

Firm to take on 17 new solar project sites that will power the equivalent of 220,000 homes

clock 14 January 2022 • 2 min read
Indian billionaire Mukesh Ambani at the 2007 World Economic Forum | Credit: Wikimedia Commons

Global Briefing: Asia's richest man plots $76bn green infrastructure blitz

All the top green business news from around the world this week, including 2021 emissions bounce-backs, Germany's new clean power targets, and fresh pressure on European companies to boost their decarbonisation plans

BusinessGreen staff
clock 14 January 2022 • 6 min read