2008 The bungle of politics by inaction

The oil price increased January in a very short time to $100. The inaction of the politicans is saddening, because it's goes about our standard of living.

Dreadful doing nothing
  The IEA shows in a complete sharp turn of previous prognoses a catastrophe szenario, the oil price is already beyond §122 and the politicans play clerk Mikado.


G8 want to reduce CO2 emission by 50% until 2050
  In Kobe, the environment ministers of the G8 agreed to lower the carbon dioxide emissions until 2050 to the half. A very unrealistic target.


The quarrel about the imperator's beard
  France and Germany support the target of the EU commission to reduce the emission of Carbon Dioxide until 2012 to 120 g CO2/km at cars.


Subventions against increasing oil price
  Subventions to decrease the demand for crude oil can be highly profitable for the industrial countries by damping the increase of the oil price.


High oil price pays the exit from crude oil
  When 1 million barrel a day less demand reduces the oil price by $20, this can be used as the base for a rentability caclulation for the exit from oil.


Oil conference: oil price reaches $140
  What would You think, when a junkie promisses his mother to get away from the oildope and 5 minutes later, he whines pitifully at a dealer?


ECB prime rate increase counterproductively
  The inflation is caused nearly only by the high oil price. The escape from oil needs investitions in new technology, aggravated by the higher prime rate.


index: 2008 2008 


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