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The Times

Want an economic tonic, Mr Morrison? Use that stimulus money to turbocharge renewables

  • Written by Elizabeth Thurbon, Scientia Fellow and Associate Professor in International Relations / International Political Economy, UNSW
Want an economic tonic, Mr Morrison? Use that stimulus money to turbocharge renewablesChris Fithall/Flickr

The chaos of COVID-19 has now hit global energy markets, creating an outcome unheard of in industrial history: negative oil prices. With the world’s largest economies largely in lockdown, demand for oil has stagnated.

Essentially, the negative prices mean oil producers are willing to pay for the oil to be taken off their...

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