Posted by: Grant | May 29, 2013

Financial Times

” …Critics say two factors are driving the divergence: the US shale gas revolution, which has lowered natural gas prices for US industry, and, more controversially, European climate and energy policies, including emissions trading and renewable energy subsidies.

About 58 per cent of business leaders surveyed in a recent Accenture study are pessimistic that European industry will in three years’ time remain cost-competitive from an energy standpoint compared with rivals such as US, China or Russia…. “

Also here –

Paywalled – Since they are selling a NEWS paper, and there is nothing NEW about it days or weeks later, surely they should remove the paywall from old articles to attract  new subscribers?


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