Referring to high oil prices, the billionaire airline magnate Richard Branson recently declared, "Thank God it's happened ... A high oil price is what we needed to actually wake up the world" to the reality of climate change. (This from a man who openly pines for a techno fix that will allow us to burn through all the fossil fuel we want, and enjoy our climate, too.) David and others have made the point before, but it bears repeating: High oil prices do not by any stretch translate to lower carbon emissions. In fact, as an excellent essay by Drake …
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