Category Archives: Energy markets

To the Losers Go the Spoils?

Germany is latest western nation to position itself to profit off of whatever is left of Ukraine after its (and NATO’s) eventual loss.

Global Shipping Is Under Pressure to Stop Its Heavy Fuel Oil Use Fast – That’s Not Simple, but Changes Are Coming

While proposals to curb shipping industry emissions are overdue, it would help to address the shippers too.

Ukraine Conflict Highlights Key Question for Africa: Should We Focus on the Problems of the Elite, or Those Faced by the Majority of the Population?

Professor Sokona, Vice-Chair of the IPCC, on how Ukraine has reshaped thinking in Africa and on the needed transformation in its leadership

The Hidden Costs Of The Renewables Boom

Why renewables are not a free lunch.

Tracking the EU Decoupling from Russia

Taking stock of the EU’s economic divorce from Russia.

Russia Leaves Neoliberal West to Join World Majority

The sanctions against Russia and Russia’s kinetic war in Ukraine have produced great changes in and outside. But what are their implications?

James K. Galbraith: The Gift of Sanctions – An Analysis of Assessments of the Russian Economy, 2022 – 2023

Galbraith debunks conventional wisdom on sanctions against Russia.

Saudi- U.S. Relations Sour Further On Huge OPEC+ Surprise Cut

Yes, sports fans, the Administration blew it with Saudis. Dealings may have been set to sour, but Team Biden accelerated the process.

Warning Lights Flashing Red for Italian Economy

Already dealing with rate and energy hikes, Meloni government eliminates two programs that were effectively providing stimulus just as Italy becomes country with lowest employment rate in the bloc. Now billions of EU recovery funds are at stake too.

U.S. Losing Influence As Saudi Arabia Joins Shanghai Cooperation Organization

The US has managed to alienate Saudi Arabia, a one-time key ally.

Kamala Harris Serves up Crumbs in Africa as US Continues to Offer Little in Comparison to China

The US wants African minerals for its goal of becoming the world’s cleantech superpower, but it cannot compete with Beijing economically on the continent.

Lower Natural Gas Price Is Not All Good News For Europe

Europe’s warm winter likely only delayed its pain as importers may soon have to pay up for spot supply to beat competition from the Asian market.

European Gas Prices Extend Gains As French Strikes Block LNG Imports

The economic effects of the massive French strikes are starting to extend beyond France, although so far in a limited way. Is more to come?

Herman Daly (1938-2022): The Economist for Our Time

The double question implied throughout Herman Daly’s work as an economist is this: “Is the economy for the people, or are the people for the economy?” nomy for the people, or are the people for the economy?”