Europe may not be dealing with freak weather events at the moment, but in economic and social terms the storm clouds over the continent have become a permanent feature on the landscape -- for at least the past three years now -- and the hard rain is now falling, in bucket loads.
Kurdish leaders in the north aim to defy Baghdad by exporting oil to Turkey through a new pipeline. Given simmering acrimony between the Kurdish government and Baghdad, that pipeline may be the tether that formally pulls Iraq in two.
This progress is too slow and not audacious enough. We need Big Hairy Audacious Goals (BHAG). What has to happen to flip the current energy paradigm, where oil is 3.6 percent of our energy consumption?
As the sun had risen in Durban, the Durban Platform was passed at the COP 17. Yet in a replay of Copenhagen two years ago, backroom texts emerged at the 11th hour and the process was thrown into disarray.
The oil price has skyrocketed over the past few months and the finger often points to Libya and claims of supply disruptions have dominated the press. However, are these claims grounded in fact or are we watching yet another sentiment driven bubble?