Rhein on Energy and Climate

Archives for Brazil

As of January 1st, the new Brazilian climate legislation (“National Policy on Climate Change Act”) has entered into force. It fixes ambitious targets. By 2020 green house gas emissions should be 39 percent lower than “business as usual”, which should bring back Brazil‘s emissions back to 1994 levels. To reach this objective, Brazil must first… » read more

Posted by Eberhard Rhein

Heed the Warnings on the Wall

Throughout the last 15 years, Alan Greenspan, the once illustrious FED Chairman, had indulged in an irresponsible deregulation of the American banking system, ignoring occasional warnings from subaltern officials. He had full trust in the self-regulating capacity of Wall Street and could fully rely on the backing of US Presidents, in particular G.W. Bush. Today,… » read more

Posted by Eberhard Rhein