Climate Home: Low oil prices "considerably" hinder transition to greener energy, say IIASA and World Bank analysts, while sustained high prices would give a boost
Does cheap oil hold back the global low carbon transition?
It is a hotly debated question since prices plummeted in mid-2014 from more than US$100 a barrel to $40-$55 more recently.
A study published in the journal Nature Energy on Monday represents the most systematic attempt yet to answer it -- and the findings are significant.
If crude...