The Myth of Isolated Iran
Tom Engelhardt, editor of tomdispatch.com, introduces Escobar's story with some history on the growing crisis in the Gulf. He notes that "in more than 50 years, America’s leaders have never made a move in or near Iran that didn’t lead to unpleasant blowback." |
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Time to reform the EU Emission Trading Scheme By Thomas Spencer and Emmanuel Guérin While the ongoing debt crisis has absorbed European attention, another centrepiece of European economic integration is also seeing hard times: the European Emissions Trading Scheme (EU ETS). According to Thomas Spencer and Emmanuel Guérin of the French think tank IDDRI (Institut du Déeveloppement durable et des relations internationales), the ETS needs to be urgently reformed if it is to play its role as backbone of European climate change policy. Failure to do so will lead to huge extra costs and damage the credibility of the EU. They analyse the key weaknesses of the ETS and suggest three steps that could be taken to salvage the system. |
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The ambitions of Gottfried Steiner, CEO of Austria's Central European Gas Hub 'This will be a heaven for traders' By Alexander Bakst Austria's Central European Gas Hub (CEGH), situated at the crossroads of gas routes between East and West, wants to become one of Europe's major trading hubs. In an interview with European Energy Review, CEO Gottfried Steiner reveals CEGH's strategy to expand the hub's spot-market trading, raise its liquidity and diversify the supply lines to the physical hub at Baumgarten that is connected with the CEGH. 'There will be a lot of gas from different sources all coming to Baumgarten. It will be like heaven for traders.' |
BP Group Chief Economist Christof Rühl draws optimistic lessons "Availability of affordable energy no obstacle to long-term growth" By Christof Rühl For the second time BP has published its annual Energy Outlook 2030, which contains the energy company's projections of future energy trends. In an article for European Energy Review, BP's Group Chief Economist Christof Rühl discusses some of the major implications of the report. He draws a number of important and surprisingly positive conclusions: market forces, he writes, are driving massive and accelerating energy efficiency gains across the world. Thanks to this trend, and to the innovations produced by the market, there will be enough affordable energy available to support global economic growth. |
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