Sir, Russia"s President Dimitry Medvedev has recently proposed a new global charter on international energy co-operation. This comes on the heels of the most recent Russian/Ukrainian gas dispute that left Europe with significantly reduced supplies of gas in the first days of January this year....
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Overshadowed by the March preparations of the G20 London Summit, the EU reached key compromises in its effort to get its act together on a common energy policy.
...The world-wide economic slowdown will reduce global CO2 emissions from man"s economic activity - but only temporarily. Fear that the looming global recession will slow investment in low emitting technologies and delay the fight against climate change seem to be well founded while industry...
Energy is only part of a much larger puzzle at this unique time in the world. We have witnessed an unparalleled series of events in banking and credit markets with repercussions throughout the world economy. Over the months it has become clear that no one is immune and that globalization is...
An agreement has been reached last December on the Climate and Energy Package proposed by the European Commission to achieve two of the objectives set up by the European Council in March 2007: a 20% reduction of EU greenhouse gas (GHG) emissions by 2020 compared to 1990 levels (a 30% reduction...
The gas dispute between Russia and Ukraine is becoming an annual fixture. Other than providing an invigorating policy challenge at the start of the year, the conflict is to no one"s benefit except those few well-placed oligarchs who are able to skim fortunes out of the opacity of the sales...
There is a lot of advice being given to OPEC participants in preparation for tomorrow"s meeting in Oran. These are trying times indeed for OPEC ministers because all the worst elements of a crisis are assembled and there are no new ways out. The peak of prices in July of this year at $147 per...
That"s the term oil market analysts use to describe the disaster OPEC inflicted on itself by misreading the market in late 1997. OPEC increased its production quotas in the face of collapsing demand in Asia - a full year after the Thai Baht stated the cascade and Asia suffered a major economic...
The European Union, through its multiple levels of governance, often produces curious legislative acts. The “Climate and energy package,” unveiled to much fanfare on January 23rd by the European Commission at a press conference given by no less than four of its Commissioners at its...
The process of power market liberalisation pushed by the European Commission since two decades is entering a new phase with the debate over the ownership and regulation of energy transport infrastructure. The issue is at the heart of the process of dismantling vertically integrated national...