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Back to To the Point

To the Point

Will Plummeting Oil Prices Cause a Clean-Energy Meltdown?

Both John McCain and Barack Obama say America needs renewable energy—wind, solar, nuclear and "clean coal" as opposed to oil and natural gas. When the price of oil was rising, those alternative technologies were attracting needed investment. But oil now costs half what it did just a few weeks ago.

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By Warren Olney • May 12, 2014 • 1 min read

Both John McCain and Barack Obama say America needs renewable energy—wind, solar, nuclear and "clean coal" as opposed to oil and natural gas. When the price of oil was rising, those alternative technologies were attracting needed investment. But oil now costs half what it did just a few weeks ago. Added to that, the credit crisis is drying up capital and green-energy projects that looked promising are being put on hold. What about energy independence and global warming? Does government have the resources to take up the slack? Are renewables really the answer to the world's energy problems?

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    Warren Olney

    former KCRW broadcaster

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    Andrea Brody

    Senior Producer, KCRW's Life Examined and To the Point podcast

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    Christian Bordal

    Managing Producer, Greater LA

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    Frances Anderton

    architecture critic and author

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    Tom Unterman

    Co-Founder, US Renewables Grup

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    Vijay Vaitheeswaran

    Global Correspondent, The Economist

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    Robert Michaels

    Professor of Economics, California State University Fullerton

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