While that article is quite right, Russian LNG is a tiny fraction of Europe's gas supply. (View Post)

Right now, business leaders are thinking "I need to deal with Trump for the next four years, and he's a vindictive bastard, so I need to show my support". That equation will change as … (View Post)

That's simply not true. The coal price fluctuates just as much as the gas price; plants are much more maintenance heavy; and they are very slow to spin up and slow down. There's a reason wh… (View Post)

The problem that I alluded to is that the way productivity in the economy is measured is like this: what is the total amount of money earned (simplified to wages + profits), and how many hours were w… (View Post)

When you de-anchor from profits (as is inevitable with the public sector), then that becomes much harder. The man running the call centre will note his KPI, and will tell the staff "if there… (View Post)