Ten years have passed since the first concession to search for shale gas was issued. There were several problems of technological, economic and legal nature, which prevented Poland from becoming potentate in extracting this resource. It may seem that Poland missed its chance. However, monitoring and using new methods of shale gas production together with legal framework implementation, which would encourage the investors, can mark a new chapter in history of the Polish gas industry.
Shale gas in Poland: from euphoria to disappointment
According to the data provided by the Ministry of Environment the first concession to search for shale gas was issued in 2007, and the first drilling took place three years later. In the peak moment in 2012 111 exploration concessions were in force.This year was also marked by the publication of the Polish Geological Institute, in which the deposits were estimated at 346-768bn cubic metres.In 2011 the Polish Prime Minister anticipated that the commercial production of shale gas will have begun after three years.According to the observers, for instance former Minister of Economy Janusz Steinhoff, thanks to shale gas extraction Poland would have an opportunity to become independent of its imports while causing the lowering of prices on the domestic market.
Yet, in 2015 foreign investors started to withdraw and Polish state companies PGNiG and PKN Orlen abandoned their projects last year. Continue reading
If you ever want an example of the crisis of credibility of liberalism today, just look at the banking sector. Ever since 2007, the liberal world has been bailing out banks with taxpayers money, leaving profits to shareholders. Adam Smith would say, let the markets handle it, let the markets get rid of inefficient banks. The modern liberal world says, keep the inefficiency going on, let it parasitically drain wealth from society.
What’s even more absurd is that bailouts are often managed by left leaning governments. Yes, the ones who claim they want to redistribute wealth from the rich to the poor have been doing the exact opposite, transferring wealth from the poor to the rich. With the fall of the Soviet Union, central economic planning was discredited, so socialists were forced to look elsewhere for an economic model: they shifted to the center, the so called “third way” of Tony Blair and Bill Clinton No more class struggle, but globalization and financialization became the mantra of the day. Bailouts complete the treason against the working class. Now that financialization is failing, they are desperately trying to keep the casino going. The hypocrisy is never ending: when the working class asks for government intervention against globalization, the “new Left” responds with mockery levelled at the ignorant common man, but when the financial world is calling for help, then government intervention is “necessary”. Continue reading
Controversies on the attempt by the ruling Democratic Party of Italy to change the citizenship law are firing up.
The proposed law would give the Italian citizenship to newborns whose at least one parent has been residing in Italy for 5 years. Adding to this, underage foreigns who have studied at least 5 years in Italy and completed a school cycle could also obtainain the citizenship. According to supporters, this law is a question of ‘’civility’’ and would help integration. Critics point out that many of the Islamic terrorists in Europe in the last few years have European citizenships and have studied in Europe, yet none of that made them loyal to the community listed on their identification documents and its values.
First of all, we tried to verify this last claim: from January 2015 until today there have been 13 attacks by Islamic terrorists in Europe, 30 perpetrators were identified, 20 had European citizenships and of them, 18 were from countries with a Ius Soli citizenship law (France, UK, Belgium, Sweden) while only 2 were from countries without it (Italy and Denmark). 60% of the Islamic terrorists in Europe comes from countries with a Ius Soli type of law. Alleged more ‘’civil’’ countries have instead signficantly bigger problems in terms of integration and cohestistance between different religions. Continue reading
Guest Author: Daniel Moscardi
Michele Valentini was the perfect nobody from nowhere. Even in his sleepy little town of Tarcento, tucked away in the north-eastern corner of Italy not far from the Slovenian border, anyone hardly remembers him. Quiet and mild-mannered, thirty-years-old Michele was the kind of person you would not expect to do anything that would bring the spotlight on him.
But he did, last February. He took his own life, leaving behind a long letter to his parents in which he explains the reasons for his choice of saying farewell to a society which he could no longer bear to live in.
Michele Valentini’s malaise was the infectious disease common to millions of other young – and not so young – Italians: the inability – better, the impossibility – of landing a decent, steady job. It can be officially defined as quiet desperation.
The letter was a final, desperate j’accuse towards society in general and the current Italian government in particular, since Michele chose to end his letter with a sardonic remark specifically directed at the current Italian Minister of Labour and Social Policies Giuliano Poletti. Continue reading
Guest Author: Daniel Moscardi
Vallombrosa is a unique place in Tuscany. Its founder, Saint Giovanni Gualberto, a Benedictine monk, chose this secluded place in the mountains 40 km east of Florence to lead a hermit-like existence, right after the year 1000, and with a restricted group of monks started his own monastic order, the Vallombrosani.
John Milton among many other travellers – found inspiration in Vallombrosa while traveling across Italy in 1638, and a marble inscription reminds tourists that here Milton put into writing his Paradise Lost. Vallombrosa is not a place for crowds; rather a place where to seek meditation and inspiration.
To me Vallombrosa represents memories from my childhood. It could be called a piece of my personal heimat, if you wish. Back in the 60’s, when a car was still a far-flung luxury for many Italian families of the working class, we would take the Sunday morning bus from the train station in Florence with some frugal lunch, and we were back in the city with the same bus in time for dinner. For me, as a child, that was the highlight of the week – or the month – as it was all that we could afford at the time as a holiday. Continue reading
China is taking cautious international steps, following its national interests. Much to the Western man’s regret, it did not let itself be dictated to how to respond to the Russian incorporation of Crimea. Still, China kept Ukrainian economy alive in the aftermath, thus strengthening the Ukrainian-Chinese cooperation.
The New Silk Road
As the EU and USA cannot finance all the infrastructural projects in Ukraine, the country is turning to China for help, which in turn is interested in Ukraine as an indispensable part of the New Silk Road. Already in 2013 former Ukrainian President Viktor Yanukovych signed a number of agreements with China,among them one that with the aid of China’s $13 billion envisaged turning Crimea into a huge transit hub. The Russian military actions thwarted these plans, which were later shifted to Southern Ukraine. Continue reading
Earlier this year, in January,we analysed how NGOs in collaboration with the Italian government had been shipping migrants from the Libyan shores to Italy and how it later evolved into the exploitation of migrants on the Italian farms and in the prostitution business in collusion with organized crime.
The first data available for the beginning of 2017 show that the business is booming even further: a 57% increase compared to the first months of 2016, which goes up to 81% for the whole winter period,while the percentage of those transported by the NGOs ships has gone from 5% to 40% of the total in 2016, which becomes more than half in the last months of the year.NGOs are de facto replacing smugglers in the Mediterranean. Continue reading