Rhein on Energy and Climate

By 2010 latest China will have overtaken the USA as the biggest emitter of C02. That is inescapable, as its emissions keep rising with the ultra-rapid increase of its GDP, while those of the USA have started flattening thanks to slower growth and rising energy efficiency. Both countries combined account for around 40 percent of… » read more

Posted by Eberhard Rhein

On May 6th, Wendy Brown, the leader of the Scottish Labour Party, has announced that she wants a referendum on Scottish independence. She hopes thereby to enhance the poor standing of her party compared to the Scottish Nationalist Party. Most probably such a referendum will never take place, and if it did, a majority would… » read more

Posted by Eberhard Rhein

The nominal price of a barrel oil has passed another magic barrier: $ 125 for the first time in history. It is no longer a question if the price of oil will reach the cap of $ 200 per barrel, but rather when. They are bound to continue their inexorable boom of the past 10… » read more

Posted by Eberhard Rhein

Belgium and most parts of Europe register almost summerly temperatures since the beginning of May, in Belgium up to 10 centigrades higher than the long-term average. We all feel happy about ample sunshine and warmth. Few people ask if this is normal. Most of us are unaware that the period between May 9 and 15… » read more

Posted by Eberhard Rhein

Economists keep telling us that demand is insensitive to oil price changes because consumers are so hooked on petrol that they are ready to pay any price. Recent experience in the USA seems to prove them wrong, provided there is a jumbo price rise. Under the impact of the doubling of oil prices over the… » read more

Posted by Eberhard Rhein

The extent of climate change on earth hinges decisively on the outcome of the US elections on November 4th. Without a radical reversal of US energy and climate policy, expectations for a satisfactory outcome of the International Climate Conference in Copenhagen in early December 2009 look bleak. Never before did US presidential and Congressional elections… » read more

Posted by Eberhard Rhein

Arctic Illusions

The gradual melting of the Arctic ice cover offers attractive prospects for substantially shorter shipping lanes between Europe and the Pacific. That may become a welcome by-effect of global warming. But it also raises speculations and appetite about what may be the last unexplored and non-attributed oil and gas reserves on our tiny planet. According… » read more

Posted by Eberhard Rhein

I am a regular visitor to Tunisia. I love this beautiful country with its long sandy beaches, white-washed houses, charming people, clever entrepreneurs and its relatively well-run public administration. No country on the southern shores of the Mediterranean has done better in terms of economic, demographic and educational development than tiny Tunisia during the past… » read more

Posted by Eberhard Rhein

On April 22, 2008 oil prices have reached a new record. For a moment, the barrel of 159 litres of crude oil traded in New York at $ 120! That is 10 times the oil price 10 years ago and twice as high as nine months ago. The price trend is clearly upward, not because… » read more

Posted by Eberhard Rhein