Energy Outlook pubblicato il 6 dicembre 2006 per l’anno 2007, appena trascorso.
ENERGY OUTLOOK 2007
Global geopolitical instability will continue to have a strong influence on energy markets. In 2007, energy prices will remain buoyant despite moderately weaker energy demand on a global scale and the U.S. expected economic slowdown. Next year, global energy demand growth will very likely remain greater than the potential growth of global petroleum products. Therefore, policy makers in the world’s largest energy consuming countries, including the U.S., E.U., China and Japan have begun to respond to rising energy prices and declining energy security. With the world’s largest energy consumers all moving to dramatically increase the use of renewable energy sources in the short-, medium and long-terms, the renewable energy sector is quickly becoming one of the world’s fastest growing industries. Investors tend to overlook geopolitical risk – at their own perils. However, its correct assessment is vital when it comes to energy markets, since geopolitical risk analysis explains not only why certain investments become particularly dangerous, but also why and where new opportunities arise.
Federico Bordonaro - Jephraim P. Gundzik
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