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Erdgas könnte künftig - auch wegen der im Vergleich zu Kohlen geringeren CO2-Emissionen - einen steigenden Beitrag zur Energieversorgung in Europa leisten. Da die Erdgasgewinnung in den meisten europäischen Ländern bereits zurückgeht oder in absehbarer Zeit zurückgehen wird, ist dies aber...
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More, not less, competition in the EU's gas markets is required to achieve a Single Market and to therefore reduce Europe's vulnerability to gas supply cuts originating in Russia. In particular, the East-West divide within the EU in terms of competition policy revealed in this paper must be...
Persistent link: https://www.econbiz.de/10011790198
At the turn of the 18th century Saint-Simon und his disciples, the Saint-Simonists, developed ideas about centrally planned and directed humane societies. These ideas are still influential and are proposed by some as guiding principles for the development of an institutional structure for a...
Persistent link: https://www.econbiz.de/10010265709
The security of natural gas supply is an important issue for all EU countries due to the region's heavy dependence on imported supply sources and in light of energy demand for gas that is continuously increasing. Discussions have emphasised strategies for securing the supply at the macro level,...
Persistent link: https://www.econbiz.de/10010279628
We investigate the geopolitical impact and the possible consequences of the construction of the Nord Stream 2 pipeline. We model the European gas network as a cooperative game between regions as players over the pipeline network, where LNG is also treated as a separate player. We focus on the...
Persistent link: https://www.econbiz.de/10012290268
This study uses a structural vector autoregressive (SVAR) model to examine the relationships between the intensity of drilling (i.e. investment) for natural gas production, natural gas withdrawals, economic activity and natural gas prices in the United States. The results show that the reaction...
Persistent link: https://www.econbiz.de/10014331144
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether 'old' and 'new' EU countries are rated differently and to determine whether 'new' ones are assigned lower ratings, ceteris paribus, than 'old' ones. We...
Persistent link: https://www.econbiz.de/10010270550