Mission Accomplished: “Super Mario” Draghi’s Legacy and the Italian Election
Turnout in Italy’s election was the lowest since WWII as voters lose faith in a system unable to reverse a declining standard of living.
Read more...Category Archives: Energy markets
Italy’s Lurch to the Right Raises Risk of Fossil Gas Lock-In
After this weekend’s snap election, incumbent energy companies will face scant pressure over climate change from the winning right-wing coalition.
Read more...Europe Faces An Exodus Of Energy-Intensive Industries
Fortune passes everywhere.
Read more...Ramping Up Renewables Won’t Save The World From A Cold Winter
Renewables alone won’t be able to supply our coming energy needs. A decline in nuclear power as well as local production and storage of natural gas has left places like Europe particularly vulnerable to energy shortages in the winter.
Read more...U.S. Senators Propose Secondary Sanctions On Russian Oil
Some US senators are pushing what looks like another sanctions own goal…..assuming it gets done.
Read more...What the Fighting between Armenia and Azerbaijan Is Really About and Why It’s Likely to Get Worse
By Conor Gallagher Ever since the breakup of the USSR, Azerbaijan and Armenia have been locked in a dispute over Nagorno-Karabakh, an enclave recognized as Azerbaijani territory by the international community but mostly populated by ethnic Armenians. They fought a war there two years ago when Azerbaijan grabbed land in a six-week conflict that led […]
Read more...Yanis Varoufakis: Time to Blow Up the Electricity Markets
How the EU’s neoliberal Rube Goldberg electricity market has made the energy shortage problem much worse than it needed to be.
Read more...Using the Payments System to Enforce an Russian Oil Price Cap Likely to Cause Supply Shock
The G7 plans to use its payments system to enforce a Russian oil price cap, because that worked so well in the shock and awe sanctions.
Read more...Congressional Sausagemaking, or How Inflation Reduction Became Fossil Fuel Export Promotion
How Manchin and Sinema got dirty energy goodies and financier breaks into the Inflation Reduction Act.
Read more...Gasoline Demand Destruction Accelerates Despite Plunge in Prices: Consumption Drops to August 1997 Level
Gasoline purchases show a softening economy, but the Fed is likely to ignore that memo.
Read more...Why The EU Is Struggling To Bring Its Energy Crisis Under Control
Why the EU is hitting a wall.
Read more...Final Opinion Polls Before the Italian Elections Show Parties Are Out of Step With Voters on Russia Sanctions
The final opinion before the 25 September Italian elections show that Italian political parties are disconnected from the electorate on the issue of sanctions on Russia.
Read more...Fog of War, Military and Economic
Some questions about quality of Ukraine war commentary.
Read more...How Biden Could Use the Tennessee Valley Authority to Address the Climate Crisis
One often overlooked area of authority is the federal government’s ability to use the Tennessee Valley Authority (TVA) to pursue clean energy goals.
Read more...New Study More Than Triples Estimated Costs of Climate Change Damages
A new Nature study lends weight to the idea that federal agencies could be much more aggressive in regulating climate pollutants.
Read more...