The EC has put forward proposals for tightening the implementation of a price cap on Russian oil exports. Brian O’Toole, Olga Khakova and Charles Lichfield at the Atlantic Council and Tomasz Wlostowski at EU Strategies review the performance of the price cap sanctions one year on from their implementation, and give recommendations for how to make them work better. Though most observers agree that the cap has limited export income for Russia this … [Read more...]
Will price caps on Russian oil work? Three experts debate
Whatever the G7 does, the objective is to cut revenues flowing into Russia, not oil flowing out. And whatever the sanctions, getting compliance from neutral and pro-Russian countries will need a strong positive incentive. Hence the idea of a price cap which would keep prices low. Here, three experts – Edward Fishman and Brian O’Toole at the Atlantic Council, and Mark Mozur at S&P Global Commodity Insights (with background by Atlantic … [Read more...]
Wind farms for cyclone zones: new standards and designs
Wind turbine designs and standards have been developed with today’s major markets in mind, Europe and North America. However, the bulk of future markets are expected to be in geographic areas where the meteorological and environmental conditions are much more extreme. Think cyclones, heavy rain and lightning. IRENA estimates that Asia will lead in onshore wind installations with over half of the total global capacity installed (>2,600 GW) by … [Read more...]
