Oil price volatility undermines economic growth, says Sir David King

clock •

Report co-authored by the former government chief scientific adviser says fossil fuels damage more than the environment

Governments need to deter oil speculators, set aside reserves of crude oil and take steps urgently to reduce their dependence on fossil fuels in order to escape price volatility that undermines stable...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Agenda unveiled for inaugural UK Climate Resilience Forum

Agenda unveiled for inaugural UK Climate Resilience Forum

Exclusive December event to help senior sustainability professionals advance more effective and wide-ranging response to escalating climate impacts

BusinessGreen staff
clock 30 September 2026 • 3 min read
Latest agricultural yield estimates point to 'worst harvest on record'

Latest agricultural yield estimates point to 'worst harvest on record'

Snap analysis of new estimates from Agriculture and Horticulture Development Board confirms heatwaves and droughts set to result in record low production for key crops

James Murray
clock 25 September 2026 • 3 min read
Study: Summer heatwaves resulted in loss of 240 million litres of milk

Study: Summer heatwaves resulted in loss of 240 million litres of milk

Dairy farmers faced £83m hit as extreme heat led to reduced production throughout the summer

James Murray
clock 25 September 2026 • 4 min read