In the spirit of the internet and of Christmas I’m embedding the following video to link the two.
My apologies for not finding one energy related. Buy may the gas continue to flow for all over the yee olde holiday.
Have a great New Year,
Michael LaBelle
Fukuyama gets a letter from paranoid Hungary – but why not me?But like all state bureaucrats, and even like the Communist censors of the past regime, they miss the point of the article, thereby confirming and reinforcing the message. (Maybe it is at this point that Kovacs was trying to demonstrate that institutions DO matter).
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Nabucco’s bubble burstsNabucco's bubble grew with the momentum built on the concept of security of supply for Europe. For companies and governments who supported the project, their commitment and involvement meant that the momentum needed to be maintained.
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Why Hungary’s revisionist energy strategy will failFirst, let's have a good laugh. "a competitive state player." While this is an oxymoron, the state can't be a 'competitive' player in a game when it is also the referee.
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After Fukushima: Assessing nuclear power projects in CEE/SEETweet
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The False Energy Accomplishments of Hungarian EU PresidencyTweet
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Hungary to follow Tajik model: Forced donations for Surgut/MOL sharesTweet
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Hungarian Politics Torpedoes Nabucco ParticipationThere is no point in covering up the power center of the Hungary. It resides in PM Orban. Regardless of the state involvement in the Nabucco project it is a privately supported initiative with politics secondary. This has always been the selling point - even if politics are tightly woven into the plans
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Screw company profits: This is Energy CapitalismTweet
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Shale gas arises in France and BulgariaDomestically sourced shale gas, provides two elements for security of supply. It provides another source of gas, which can be used to reduce dependence, and reduce pricing of Russian gas. It also boosts energy security. Therefore, ignoring the role that shale gas plays in a countries energy supply is not in the interests of politicians.
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The Bursting of Energy BubblesThe energy sector is littered with the corpses of energy technologies that were based on rosy projections, technologies that were surpassed by newer technologies unleashed by altered regulatory landscapes.
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Five Reasons why the War of Energy Technology is onThe war of energy independence is on! Like all wars there will be losers. And like some wars, we stumbled into this one. Through the narrowing of options, outdated partnerships and the emergence of new options, the global energy landscape is getting on a new footing.
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