Mastodawn

Energy crisis. Oil price shock.

We've seen this movie before. In 1973. And 1979. And in 2022, when #Russia invaded #Ukraine.

Some places got smart, and began to work on ways to free themselves from dependence on dictator-controlled fossil fuels by investing in sustainable transport.

🧵

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𝚃𝚊𝚛𝚊𝚜 𝙶𝚛𝚎𝚜𝚌𝚘𝚎 🚇1d ago

And some places—well, people end up paying the price. Again and again.

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𝚃𝚊𝚛𝚊𝚜 𝙶𝚛𝚎𝚜𝚌𝚘𝚎 🚇

Oil price shocks aren't going away. In some places, like #Paris, they've figured this out. I connect the dots in this week's High Speed dispatch:

https://www.highspeed.blog/pariss-bicycle-mayor-and-the-hormuz-shock/