Carlo is the director of Istituto Bruno Leoni's Observatory on the Digital Economy. He is also a member of the Institute of Economic Affairs' Academic Advisory Council, a member of the editorial board of the quarterly journal "Energia", and a fellow of the Italian Observatory on Energy Poverty at the Padua University's Levi-Cases Center. He obtained a M.Sc. in Environmental Engineering from the University of Genoa and a Ph.D. in Economics, Markets, Institutions from IMT Alti Studi - Lucca. His research interests are in the fields of energy economics and competition policy. He was chief of the Minister's Technical Staff at Italy's Ministry of Economic Development in 2015-2016. His latest books are "Power Cut? How the Eu Is Pulling the Plug on Electricity Markets" (Institute of Economic Affairs, 2015) and "Contro il sovranismo economico" (with Alberto Saravalle, Rizzoli, 2020). He is a regular columnist for the Italian daily magazines Il Foglio and Il Secolo XIX.
The EU has big and growing ambitions for emissions reductions by 2030: down 40% below 1990 levels, increasing the share of renewables to 32% of final energy consumption and improving energy efficiency by 32.5% above business-as-usual. These targets will be further revised as the more ambitious goal of cutting emissions by 55% by 2030 becomes legally binding. This means the EU as well as individual nations must estimate the cost of meeting these … [Read more...]
In the EU, and the UK in particular, the liberalisation of the electricity market is rapidly being reversed and replaced by old-fashioned command-and-control policies, writes Carlo Stagnaro, Senior Fellow of the Italian free market think tank Istituto Bruno Leoni. One of the main reasons for this reversal are interventionist climate policies. According to Stagnaro, who has a new book out on energy liberalisation, this trend will lead to … [Read more...]
The Energy Union package recently announced by the European Commission is a step forward in that it puts market liberalization and integration at the centre of European energy policy, writes Carlo Stagnaro, senior fellow at the Italian free market think tank Istituto Bruno Leoni. At the same time, it is still strongly influenced by the idea that government intervention is required to ensure both security of supply and sustainability. As a result, … [Read more...]
The Trans-Atlantic Trade and Investment Partnership (TTIP) currently being negotiated between the European Union and the United States may deliver significant benefits not just in terms of greater economic competitiveness, but also as regards energy security and even environmental sustainability, writes Carlo Stagnaro, senior fellow at the Italian think tank Istituto Bruno Leoni and advisor to Italy’s Minister for Economic Development. According … [Read more...]