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Dubai Ends Cheap Local Gas

The Dubai government’s Emirates National Oil Co (ENOC) has stopped supplying subsidized gasoline to gas stations in neighboring sheikdoms in the United Arab Emirates. Hit hard by the property crash, the once high-flying Dubai government is now penny pinching. Even at the risk of destabilizing the region – in the same way that rising food […]

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Iran Quit Dirty Energy Subsidies And Survived

There was life before oil. And life will go on when it’s all used up. Iran becomes an unlikely leader by ending dirty energy subsidies. Iran has done what every politician on earth secretly dreams they could do: enforced the end of dirty energy subsidies. And the country is still standing. Mr. Dominique Guillaume and […]