Do we want to keep fixing the same issue? Unlearned lessons from the first big oil crisis

As energy prices tripled in the 1970s due to Middle Eastern wars, Scandinavia, France and the Netherlands sped up green transitionWhen Middle Eastern wars sparked an oil crisis in the 1970s, tripling energy prices and throwing economies into chaos, some countries looked beyond short-term solutions. The French made nuclear the pillar of their power system. Scandinavians insulated buildings and funnelled waste heat into homes. The Dutch built bike lanes where others wanted motorways. The Danes developed wind turbines.Such steps cleaned filthy air and cut imports from autocrats but took a back seat when Russia invaded Ukraine half a century later. Europe raced to buy gas from the US and Middle East. Policies to roll out renewables by cutting red tape helped reduce dependence, but calls to use less energy and reduce waste were muted. Industry lobbying and populist backlash have since sabotaged efforts to phase out petrol cars and fossil boilers. Continue reading...