My firm belief is that the oil producers have made a serious business mistake in setting their prices so high. Their mistake is exactly what the Sustainable Development movement needs.
There are articles all over the world indicating a sudden shift in spending patterns. People are now buying smaller cars and resorting to public transit. Suddenly, locally produced products have gained the attention of consumers and demands are being made on large supermarkets to buy greater amounts of local foods.
Finally, in this article (http://www.guardian.co.uk/environment/2008/jun/16/renewableenergy.energy?gusrc=rss&feed=networkfront), we see that alternative sources of energy which were once considered prohibitively now seem more relatively affordable.
Many editorials state that the price of oil is artifically high. Judging from the growing levels of profit by the oil producers, I would tend to agree. The result is that people are moving over toward greener solutions and – once you go green – you never go back