The EU’s plans to import gas via gas pipelines or liquefied natural gas (LNG) are not only contrary to its long-term climate objectives but also unjustified in the context of the European Commission's predictions in terms of energy demand.
As details trickle out about the costs of the tragic floods affecting Serbia, the costs to the energy sector are estimated at 100 million euros at Kolubara alone. This highlights the fact that such a centralized lignite-dependent system, as well as its human and environmental costs, is far from resilient in the face of serious weather events, which will soon become the norm.
El presidente del Banco Europeo de Reconstrucción y Desarrollo (BERD), Suma Chakrabarti, dijo hoy en Varsovia que la institución se involucrará en apoyar las reformas en Ucrania, después de que ayer firmase con el Gobierno de Kiev un pacto anticorrupción que acelerará los cambios en el país.
One of the most disappointing aspects of the Ukrainian crisis has been the failure of many, especially on the left, to understand the nature of the revolution that took place there over the winter that led to the literal departure of former President Victor Yanukovich from the country, established an interim–and rather weak–transitional government, and set the stage for new elections later this month.
The EBRD will stay the course in Egypt, despite the severe political headwinds that have held back the bank’s investments, according to Hildegard Gacek, the managing director responsible for the southern and eastern Mediterranean region at the multilateral
Ukraine’s new leaders deserve praise for some of the moves they have made since coming to power after Viktor Yanukovych abandoned the presidency on Feb. 22. But they will need lots of outside help in managing the multiple political, economic and military crises confronting Ukraine.