Rhein on Energy and Climate

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On Friday (21 November) Mario Draghi, the ECB President, has provoked fireworks at EU stock exchanges after promising he would do all in his power to push inflation in the Euro – zone up to 2%, the ceiling considered as the “target” for EU and US central banks. Expectations of rising prices may give a… » read more

Posted by Eberhard Rhein

For many years Ukraine has wasted huge amounts of energy through exorbitant subsidies on gas consumption, coupled with in-transparent multiple gas prices and large-scale corruption. Due to these factors, Ukraine has become one of the most wasteful energy consuming countries in the world. With household gas prices substantially lower than in any other European country… » read more

Posted by Eberhard Rhein

At the Pittsburgh G 20 meeting in September 2009 the heads of government had agreed to phase out subsidies on fossil fuels by 2020. At that time, the global volume of these climate-damaging consumption subsidies amounted to $ 300 annually, mostly in developing and emerging countries. Today, their volume has risen to $500 billion, and… » read more

Posted by Eberhard Rhein

About two thirds of the EU member states are using toll systems for financing the construction and maintenance of highways. National governments monitor the rates being charged; and this functions quite satisfactorily. There is no reason for the EU to intervene, except insisting on strict non-discrimination between road users from different member states. This seems… » read more

Posted by Eberhard Rhein