by Carlo Durante - Let’s be clear: Big Green is Big Business. Despite investments in clean energy have lowered if compared to previous years, Green still seems to be where energy investment is ultimately headed. Question is if Big Oil is anticipating the move.
by ISPI Energy Watch - The oil price falls, and there is a mushrooming of suggestions that this provides us with opportunity, room and time for introducing a carbon tax. At first sight the idea may look fascinating. The downsides of cheap oil may include slowing down the path towards going green; and they may also increase carbon sources consumption meanwhile. Let’s tax (directly or indirectly) their consumption, and this alone will take us back to the magic equilibrium we enjoyed when the barrel was stably exceeding 100 dollars apiece.