A more resilient Europe faces a renewed energy shock – but difficult trade-offs may resurface
The conflict in the Middle East has triggered a renewed energy shock for Europe. While the macroeconomic impact is currently expected to remain more contained
A smarter approach to electricity rationing
Ukraine’s grid operators have primarily relied on rotational outages to manage power scarcity, but this effectively functions as regressive tax on those least equipped to
Europe’s emissions trading system is an ally, not an enemy, of industrial competitiveness
The 2026 review of the EU ETS must be anchored in facts and focus on the potential benefits of the system to EU competitiveness. The
Bahrain unveils special reform package to bolster public finances
These measures include increases in fuel prices, higher electricity and water tariffs for certain categories, and greater dividend contributions from state-owned enterprises Bahrain’s government has
The economics of the second Trump administration
As soon as he took office for the second time, Donald Trump made it clear that there would be dramatic changes in US government policy.
Energy transition achievable in emerging markets
Climate finance as a percentage of GDP will likely be the largest in South Africa, at 0.25 per cent, followed by India (0.13 per cent)
The case for delaying the application of the EU’s carbon border levy to electricity
The inclusion of electricity in CBAM creates more problems than it solves; ways should be found to exempt it. The European Union is set to
The solution to Europe’s housing affordability crisis must include building decarbonization
The EU can help tackle Europe’s housing crisis by reducing energy costs, decarbonizing buildings and adhering to climate goals. The European Union has little power
The new curse of critical minerals
A race is raging among global powers to secure access to critical minerals to power the simultaneous energy and digital transitions the world is experiencing.
How the US South caught up: A century of manufacturing productivity convergence
Economic historians have long debated whether lagging regions can catch up in productivity with industrial leaders. This column shows that, under the right conditions, such
