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    The Carbon Trading Boondoggle: Evidence from Europe

    Apparently people forgot to mention to the central planners in Europe that prices fall during a recession. That includes carbon prices: Set up to price pollution out of existence, carbon trading is pricing it back in. Europe’s carbon markets are in collapse. A year ago European governments allocated a limited … More

    Energy Dependence Threatens Europe's Security

    18 countries ranging from large European Union members, including Germany to small ex-Soviet Moldova, have been affected by Russian quasi-governmental gas giant Gazprom’s cut in natural gas supplies to Ukraine. Gazprom has become synonymous with energy intimidation and has specifically targeted former Soviet states such as Ukraine as it seeks … More

    Stop Enabling Russia's Energy Empire

    Just as Europe is in the midst of a particularly cold winter, Russia’s quasi-governmental gas giant Gazprom has turned off the gas taps to Ukraine, a major transit corridor for Russian gas into Europe. Gas shortages are being reported in several countries, including Romania, Bulgaria, Greece and the Czech Republic. … More

    President George W. Bush's Legacy

    With all the excitement surrounding Obama’s historic victory last week, relatively little attention has been given to the outgoing President’s legacy. In fact, most of Europe just seems relieved that the age of ‘Bush’s cowboy unilateralism’ is finally over. It is often difficult to judge a President before the fog … More

    British Reaction to U.S. Election

    It will come as no surprise that Barack Obama’s emphatic victory has been warmly greeted in the United Kingdom and across Europe. Newspapers are covered with proclamations of a history-changing moment for the United States. The record turnout, particularly among groups that previously felt they belonged only on the margins of … More

    Yes, They Do Want to Teach Sex Ed in Kindergarten

    According to the Associated Press, in order to combat “one of the highest teen pregnancy rates in Europe,” the British government is about to mandate sex education for all students, “including kindergarten-age children.” The AP reports: The government hasn’t detailed what the new curriculum will look like, but schools will … More

    Bolton Questions Obama's Plan for Negotiating With Iran

    It’s the difference “between a fork and a spoon,” John Bolton said at Heritage today. The former U.S. ambassador to the United Nations was clarifying what Barack Obama’s narcissistic fantasy of negotiating with Iran really means. “Negotiating with Iran is not a policy, it’s a technique,” he said. Furthermore, the … More

    Russia's Invasion of Georgia Tests NATO

    TBILISI — What should NATO do about Georgia? This question must inevitably lead to the question of what NATO should do about Russia? Since Russia’s illegal and immoral invasion of Georgia on Aug. 7, the West has failed to find an adequate answer to either question. Although Russian troops have … More

    Having Courage to Fight the Evils of Communism and Socialism

    TBILISI — Discussions at the fifth annual European Resource Bank today turned to the question of how to implement radical reforms, and what we can learn from previous success stories such as Estonia. A panel titled, “Reforms need more than sound economics,” expressed the view that legislators of new democracies … More

    Georgia's Future Hinges on West

    TBILISI – It isn’t hard to see why Georgian Prime Minister Lado Gurgenidze is a free marketer. A graduate of American private education and a citizen of the United Kingdom, the ethnic Georgian prime minister invoked Margaret Thatcher’s legacy as an example for today’s legislators to follow in confronting economic … More