The gas-pipeline deal planned between the Soviet Union and several Western European countries has met with objections from the US government, which fears that Western Europe could be politically blackmailed as a result of its increasing dependence on energy supplies from the USSR. Are these...

Shortages of fuels and raw materials had been pre dicted for the world not before the turn of the century, and even experts were surprised that a situation of general undersupply arrived so soon. As there is little scope for substitution, and the currency system of the world is in peril,...

The author discusses the short-term and long-term aspects of the present energy crisis. He describes the various scenarios for the immediate future and the long run that could be given place by the emerging hold of OPEC over the oil consuming countries.

The economic implications of the latest upsurge of the oil prices for the whole world-and for the developing countries in particular-are such as to make a strategy of common responsibility of industrialized and developing countries more urgent than ever. Rainer Offergeld, Federal Minister for...

The nuclear meltdown in Fukushima has given renewed momentum to the anti-nuclear power movement across Europe. However, the degree of momentum varies greatly from country to country, and considering the geographically widespread consequences of a nuclear accident, it hardly appears optimal for...

In the spring of 1978 the International Energy Agency (IEA) staged the second “Allocation System Test”, a simulation exercise designed to check the ability of 19 OECD countries to cope jointly with another oil crisis. The topicality of such a contingency test is demonstrated by the...