Taxing successful energy sources and subsidizing unsuccessful ones-that is the essence of Washington's energy policy during the 1970s and early 1980s, and it would be repeated by the Senate's version of the House's energy bill (H.R. 6). The bill would raise taxes by an estimated $28 billion over 10 years, mostly from the oil and natural gas sector, and spend much of this money on tax breaks for alternative energy sources like ethanol and wind power. If history is any guide, this approach is likely to backfire, raising prices and reducing energy security.
(Bloomberg) The strategic eastern town of Lyman in eastern Ukraine has been “fully cleared,” Ukrainian President Volodymyr Zelenskiy said in a brief video posted on Telegram, a day after Russia announced it was pulling its troops out. The town is part of one of four regions Russian President Vladimir Putin annexed on Friday after referendums termed illegal by Ukraine and its allies. Pope Francis appealed directly to Putin to “stop this spiral of violence and death” in Ukraine, his first public remarks referencing the Russian leader’s role in the conflict. Russia’s state-controlled Gazprom suspended natural-gas deliveries to Italy on Saturday, escalating the energy crisis in Europe. Ukraine released video of what it said was the execution in late September of 24 people, including children, in a “gray zone” between occupied and unoccupied areas. (See RSAN on the Bloomberg Terminal for the Russian Sanctions Dashboard.) Key Developments US Eyes Regular Aid Payments to Ukr
(Bloomberg) The strategic eastern town of Lyman in eastern Ukraine has been “fully cleared,” Ukrainian President Volodymyr Zelenskiy said in a brief video posted on Telegram, a day after Russia announced it was pulling its troops out. The town is part of one of four regions Russian President Vladimir Putin annexed on Friday after referendums termed illegal by Ukraine and its allies. Pope Francis appealed directly to Putin to “stop this spiral of violence and death” in Ukraine, his first public remarks referencing the Russian leader’s role in the conflict. Russia’s state-controlled Gazprom suspended natural-gas deliveries to Italy on Saturday, escalating the energy crisis in Europe. Ukraine released video of what it said was the execution in late September of 24 people, including children, in a “gray zone” between occupied and unoccupied areas. (See RSAN on the Bloomberg Terminal for the Russian Sanctions Dashboard.) Key Developments EU Aims to Exempt Maritime Pilot Se
they are the largest pipelines of their kind in the world. but look at this, significant disturbance to the sea near denmark, caused by leaking gas, it is thought. the danish military say this area of turbulence was more than half a mile wide and shipping is being kept out of the area. the gas is leaking here near a danish island, bornholm, it is thought there are a couple of leaks in nord stream 1, and a third in nord stream 2. it s not known what caused the leaks, they are being investigated, but many in europe are pointing the finger at russia, including the polish prime minister. we do not yet know the details of what happened but we clearly see this as an act of sabotage. this is an act that probably signals a new phase in the escalation of the situation in ukraine. and that s the point these pipelines are at the heart of the energy battle between vladimir putin and the west. russia is already restricting gas supplies and some experts say this could be the kremlin showing it can
this as happened but we clearly see this as an act of sabotage. this this as an act of sabotage. this is this as an act of sabotage. this is an this as an act of sabotage. this is an act that probably signals this is an act that probably signals a this is an act that probably signals a new phase in the escalation of the situation in ukraihe~ escalation of the situation in ukraine. ., , escalation of the situation in ukraine. . , ,., ukraine. and that s the point, these pipelines ukraine. and that s the point, these pipelines are ukraine. and that s the point, these pipelines are at - ukraine. and that s the point, these pipelines are at the - these pipelines are at the heart of the energy battle between vladimir putin and the west. russia is already restricting gas supplies and some experts say this could be the kremlin showing it can attack critical infrastructure. that is the question, is the conflict in ukraine spreading? it s most likely a state actor is invo