Rhein on Energy and Climate

Archives for Banking Crisis

For the second time in three years, the EU faces a cut of its gas supplies from Russia, which provides about 25 percent of its gas needs. Millions of people in South-East Europe find themselves without proper heating after the Ukrainian transit gas pipeline has been shut off January 7th amid harsh winter temperatures. The… » read more

Posted by Eberhard Rhein

For two decades US government authorities have indulged in an unbelievable negligence of the banking sector: Banks could place very risky new financial instruments into the market without being called to order by fragmented banking authorities. Similarly, the US government, followed by others, allowed car makers to seduce consumers into buying the most perverse gas… » read more

Posted by Eberhard Rhein