When we started an impact investing podcast we didn't think we would be talking about oil by Episode 4, but these are unusual times.  This week oil prices went negative (meaning sellers were paying buyers to take oil off them).  

We start with Tom giving a summary on why oil prices have plunged.  A perfect storm of over supply just before a massive drop in demand due to the coronavirus lockdown. 

We look at how the oil price drop may change the outlook of both big oil companies and investors.  Will this be the catalyst for a clean energy transition or will low oil prices spur an increase in demand?

We look at the wider issue of climate change.  Low oil prices may or may not speed up our transition to clean energy.  Either way we are at a key moment in time.  
What can we learn from the impact of coronavirus on CO2 emissions?  
Will coronavirus lead to changes in society that make us better at coming together to solve big problems?  
Do we need clearer more immediate messaging to spur action on climate change?  
Is there an opportunity for companies and government to step up? 

Remember when investing your capital is at risk and that this podcast is not financial advice or an offer to invest.

You can contact us at [email protected]

The consultancy report on oil that Tom refers to 'Could Clean Energy Be the Winner in the Oil Price War:
https://drive.google.com/file/d/15LIo2sBKslbkTahP8xhSIOrMCXLXnfMI/view?usp=sharing

The Wired Article we refer to: 'Coronavirus shows the enormous scale of the climate crisis' (see also links embedded in this article):
https://www.wired.co.uk/article/coronavirus-climate-change

The Time Article we refer to: Will Low Oil Prices Help or Hurt the Fight Against Climate Change? That Depends on Us (see also links embedded in this article)
https://time.com/5824809/negative-oil-price-climate-change/

The Amazon article:
https://www.cnbc.com/2020/04/21/amazon-invests-10-million-for-forest-conservation-in-climate-change-plan.html