Rhein on Energy and Climate

EU agriculture has successfully passed its “health check” which governments had asked for in December 2005 when allotting it the biggest slice of EU budget expenditures 2007-13. Never before since the start of the common agricultural policy has Europe’s agriculture been in such a good shape as today. Forgotten are three decades of milk lakes,… » read more

Posted by Eberhard Rhein

After 20 years of pause, Europe rediscovers nuclear energy. Chernobyl seems forgotten. The steeply rising prices for oil, gas and coal make nuclear energy much more attractive than during the 1990s. Above all, politicians realise that they might be unable to meet 2020 EU targets for C02 emissions without a gentle push from C02 –… » read more

Posted by Eberhard Rhein

After several days of intense negotiations, the conflicting Lebanese parties have reached a compromise that may help the country return to a minimum of internal stability. They have agreed on General Michel Suleiman to be elected as the Lebanese President within the coming few days and to form a coalition government with a total of… » read more

Posted by Eberhard Rhein

A barrel of oil todaycosts more than twice the price a year ago and 10 times as much as 10 years ago. Since the 1970s we have not seen such a steep price increase in such a short time. Understandably, this worries many people. Central bankers worry about the impact on inflation. The price of… » read more

Posted by Eberhard Rhein

BRIC contra G8?

The Foreign ministers of Brazil, China, India and Russia have met in Yekaterinburg on May 15-16 for what may have been a historic gathering. They discussed global issues, from the financial crisis to climate change, and decided to meet regularly, next time in September in New York at the margin of the UN general assembly,… » read more

Posted by Eberhard Rhein

The recent steep rise of food prices has caused extra hardship to hundreds of millions of poor citizens and unfamiliar political pressure on many governments across the earth. But it has led to a new clash between the “Rich” and the “Poor” on earth and thereby added a new dimension to the age-old struggle for… » read more

Posted by Eberhard Rhein

On July 1st, Russia will have completed the first part of its power sector reform, the separation of electricity generation from transmission. The Federal Grid Company, 100 percent owned by the Russian State, will have the monopoly of power transmission, while power generation will lie in the hands of several, mostly big generation companies, owned… » read more

Posted by Eberhard Rhein

The announcement by NISSAN to produce electric cars as of 2010, though in small numbers to start with, does not come as a surprise. In the long run, there is no better alternative to the combustion engine. The earth will run out of oil in the near future. After 2050, oil will become so scarce… » read more

Posted by Eberhard Rhein

The European Bank for Reconstruction and Development was created in 1991, after the collapse of the Soviet Union, to bolster the economic development in the Central and Eastern Europe. During the first 16 years of its existence it has extended loans to business and the public sector for an amount of $ 27 billion. It… » read more

Posted by Eberhard Rhein