Why are things not working out in the energy sector? Politicians have all the leverage to control the industry, but in practice they systematically make the wrong decisions. The usual excuse is a lack of sufficient control over the sector. The political decision-making process has inherent defects that stand out when compared to the free market, which by its very nature …
More »Politicians or private individuals at the helm of the energy sector?
Nowadays, humanity has become accustomed to many conveniences that our ancestors could not take advantage of. The car, the television, the refrigerator, the dishwasher are just a small part of the goods that make our lives better. The standard we enjoy today is due to the more efficient modern methods of production that …
More »Geopolitical shifting of layers. China, the US and oil.
The Americans still have a strategic advantage in both energy and military terms. However, the focus on Asia could prove to be a double-edged sword for the United States, allowing China to quietly expand its influence in a key part of the world.
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EKIP– Expert Club for Economics and Politics A Different Opinion