This week I’m discussing another wave of the Carbon Storm. I define this more in episode 39. In this episode I update what this means in a time of war. If you are looking for hope, this may not be the episode for you. This recording was done for a recruitment event I did for the EMBA program at Central European University. It has a nice live feel to it. The presentation was a great opportunity to revisit this topic of increasing high energy prices as the world attempts to shift towards a low carbon economy. These periods of high prices will only continue to plague our future. So hold on tight.
What is the influence of the 1970s on our current energy system? The importance of energy sits within our daily lives. As Rudiger states, any supply shortages or price increases are immediately noticed making energy a key political issue. The failure to secure supplies demonstrates weak leadership. Inversely, effective energy crisis management can display strong leadership skills. I think this can be one of our broad take-aways from looking at lessons learned from the 1970s energy crisis.