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Tax_Subsidies_Feature_06-2014

European energy economics

Posted: July 18, 2014 by Ken Cohen

A new study measures the scope of energy industry subsidies on the other side of the Atlantic.

Without the generous new supplies of oil and natural gas currently being supplied from shale and tight rock formations, we’d probably be in the midst of a bona fide energy crisis.


According to Reuters, German industrial consumers paid four times more for electricity in 2013 than similar customers in Louisiana.

ExxonMobil’s planned $1 billion expansion in Antwerp represents a strategic focus in Europe despite a tough environment for refining.