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Collapsing Oil Prices: Implications for the Global Economy and Sustainability

Collapsing Oil Prices: Implications for the Global Economy and Sustainability

Released Thursday, 30th April 2020
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Collapsing Oil Prices: Implications for the Global Economy and Sustainability

Collapsing Oil Prices: Implications for the Global Economy and Sustainability

Collapsing Oil Prices: Implications for the Global Economy and Sustainability

Collapsing Oil Prices: Implications for the Global Economy and Sustainability

Thursday, 30th April 2020
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With billions of people around the planet remaining in place, there are vastly fewer cars on the road and planes overhead. All manner of industries and household activities that rely on fossil fuels have seen declines of some degree. In cities such as New Delhi and Mumbai, images of the clearest skies in decades reflect that fossil fuel consumption has plummeted.  Dr. Carolyn Kissane, member of the Council on Foreign Relations and Academic Director of the NYU Center for Global Affairs, joins Sam Chandan to discuss the implications of the resulting decline in oil prices—for the global economy, for oil-producing nations, and for the push for sustainability.

For more information about the Urban Lab podcast and Dr. Sam Chandan, please visit http://www.samchandan.com/urbanlab and the NYU Urban Lab at the NYU SPS Schack Institute of Real Estate at http://sps.nyu.edu/schack.

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