Economics

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A world recession seems unavoidable, meaning less demand for electricity -- and perhaps less demand for wind power. A recession could also dampen demand for gas, and bring its price down again. On the other hand, lower interest rates will benefit a generation technology like wind with high capital costs to finance. But borrowing power is likely to be weakened as stock markets tumble; nuclear, though, would be hit harder than wind if governments clamp down on spending.

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