The Economist has devoted a special report on the Future of Energy. A previous post related to this matter can be found here.
The cover story of the special report suggest the following to encounter the big energy question:
The best thing that rich-world governments can do is to encourage the alternatives by taxing carbon (even knowing that places like China and India will not) and removing subsidies that favour fossil fuels. Competition should do the rest—for the fledgling firms of the alternative-energy industry are in competition with each other as much as they are with the incumbent fossil-fuel companies.
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Is all the negative publicity around China over the last few months truly justified? If you look above the surface the answer may be yes. However much change in happing in China below the surface as well. For example China is increasingly opening up to international media: BBC website ‘unblocked in China’.
Although this great initiative there is still a long way to go for complete freedom of speech in China: Stories China’s media could not write. Nevertheless, generation Y in China seems to have much more in common with generation Y in the West as initially thought by most Westerners: China and its Talent, and Modern China.
From a macroeconomic perspective China is well positioned to live upon its potential somewhere within a decade and half a century. Thus somewhere between the medium run (>1decade) and the long run (>half a century) source.
On the medium run the supply side (technology advancement, capital usage, labour force skill fullness) matters more then the demand side (consumer confidence, interest rates).Taking in account the aforementioned, the future seems to be bright cos of the entrepreneurial spirit of China’s generation Y: China’s young entrepreneurs.
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Here a list of promising European startups in the sphere of mobile technology and innovation. The list compromises ideas in the range of social media, internet, video and voice technology.
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The Nordic European region still dominates the rankings of the most network-ready economies, but the U.S., Korea, and Switzerland posted big gains this year. Whereas the Netherlands drop one spot and is now ranking 7th. A complete ranking of the top ten can be found here.
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The Economist has devoted a special report on the Future of Energy. A previous post related to this matter can be found here.
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