May 21, 2004
Energy Planning; Advocacy and Public Health
Six of the last seven global recessions have been preceded by spikes in the price of oil, and fear is growing among economists and policy makers that, in today's growth-dependent, energy-intensive global economy, oil price volatility itself may eventually pose more risk to prosperity and stability and simple survival than terrorism or even war.
In this bleak context, it becomes easier to understand why nations as powerful and technologically advanced as Japan, Britain, and the United
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