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The oil crisis of the 1970s led to the emergence of the renewable energy industry. As oil prices skyrocketed and concerns about energy security grew, governments and businesses began investing in alternative energy sources such as solar, wind, and biofuels. This shift aimed to reduce dependence on fossil fuels and promote sustainable energy solutions, ultimately paving the way for innovations and advancements in green technology. Additionally, energy efficiency and conservation measures gained traction as a response to the crisis.

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AnswerBot

2w ago

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