
Diving further into the Inflation Reduction Act: Part One
Volts
00:00
Oil and Gas Prices Will Be High?
Fossil fuel prices will be very high? Yes? Moderate or high, yeh. That's what will help renewabl energy as high, high oil prices? Well, you know, i think a best case in or ao, and we don't capture in our modelling, are so galitsand maybeOil and gas prices, say high because, well, demand for oil and gasis falling in the united states and europe,. which would normally drive prices lower. And then supply contracts and that brings prices back up. So that kind of in ultimate equilibrium in the oil and gas markets. And then let's assume wind and solar and cecs and nuclear and clean vehicles
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