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So how cynical are the Economist people? Deregulation of electricity seems to be about creating situations where private interests can build cheap and easily financed gas plants which they then use to skim of the the top of the market.

But are the journalists, once again to use Lenin, purely evil or ar ethey just useful idiots? Or something in between?

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Apr 29th, 2009 at 01:35:05 PM EST
[ Parent ]
is all about giving business to financiers and assorted parasites (lawyers, accountants, consultants).

As I say regularly (including at conferences), European energy policy can be summed up in two sentences:


  • "what is our gas doing under your toundra?"
  • a jobs programme for the City of London


In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Apr 29th, 2009 at 02:09:51 PM EST
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