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Blackstone CEO: Energy crisis will set off social unrest (cnn.com)
4 points by 99_00 on Oct 26, 2021 | hide | past | favorite | 2 comments



>Part of the problem, the Blackstone (BX) billionaire said, is that it's getting harder and harder for fossil fuel companies to borrow money to fund their expensive production activities, especially in the United States.

>"Short-term policies related to environmentalism in terms of restricting supply of hydrocarbons has created energy inflation, and we're going to be living with that for some time,"


I imagine the numerous pipeline blockages by the authorities haven't exactly helped keep a lid on prices either.




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