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No one wins Trade Wars

The 10 bcm/y export capacity of the Trans Adriatic Pipeline is indeed a positive energy requirement development for the Balkans, it fills some of the void, however, for the overall needs of the region it is somewhat negligible. While the EU is ever more gas dependent on Russia... will also be soon dependent to Turkey. A “hostage” situation that I am afraid does not contribute to EU Energy Security.

The EU has to realize and act accordingly that the hydrocarbons discovered in Cyprus are not just a Cyprus issue. Scientific estimates especially south of the island of Crete indicate gas reservoirs that may even be larger than those in the Levantine Basin. And let’s not exclude Israel from this equation; a proven ally with significant hydrocarbon discoveries that is geopolitically stranded and surrounded by hostile to Israel nations. Or Egypt to say the least.

An East Med Energy Corridor, that would avoid non-EU countries, would guarantee an uninterrupted energy supply source for the EU, of the EU!

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Did you know?

that of all the restaurants that are opened, 90% of them fail in the first year and of the remaining ones that survive, 90% of those fail in the second year?

that the Boeotian Hesiod about 3000 years ago theorized on the entrepreneurship typical of the market (an early laissez-faire), identifying the effects of government debasement of the coinage, which causes a decrease in its purchasing power (think Adam Smith, Keynes and post Keynes), arguing about the importance of competition and the importance of justice and the law in order to foster order and harmony in society?

that annually, the amount of garbage that is dumped in the world’s oceans is three times the weight of fish that is caught from the oceans?

that Pytheas the ancient Greek explorer, mathematician, astronomer and navigator must have travelled to the American continent at the time of Alexander the Great?

that 1 recycled tin would save enough energy to power a television for 3 hours; 1 recycled glass bottle would save enough energy to power a computer for 25 minutes; 1 recycled plastic bottle would save enough energy to power a 60-watt light bulb for 3 hours?

that Confucius about 2,500 years ago argued that the government should not compete for profit with the people, as it would only result to the exploitation of the population?

that in a lifetime the average European or North American will discard more than 600 times his or her adult weight in garbage and about a ton of trash per person per year?

that recycling 1 ton of paper saves 17 mature trees, 7,000 gallons of water, 3 cubic yards of landfill space, 2 barrels of oil, and 4000 kilowatt hours of electricity; this is enough energy to power the average North American home for 5 months?

that Pytheas through its Soil Water + Life Solutions is probably the only entity world wide that can provide a-no-chimney-no-landfill-solution for the treatment of municipal solid and liquid waste?

that the revenue that is generated from gambling is more than the revenue derived from movies, cruse ships, recorded music, theme parks and spectator sports combined?

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