On the European market, the barrel of oil price is nearing 80$, at its highest for three years. This trend is all the more spectacular since it comes at a time when the OPEC members are not achieving an agreement about the evolution of their production. Traditionally, in this case, prices were falling because the lack of an agreement allowed each member to increase its production and the total supply quickly became superior to the demand. The United Arab Emirates have blocked the negotiation because they ask a reevaluation of their quota of 600 000 barrels per day. But they ...

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The coming international meetings dedicated to the fight against climate warming and especially the Glasgow conference which will occur in September would lead to significant progresses in the taking into conscience of the stakes because the political leaders of the two most important emitters, the United States and China, have confirmed their commitments in that way and have taken the energy transition as one of their priorities. It is in that context that the International Energy Agency (IEA) has just published a long report on the tools to put into practice to reach the Net Zero objective in 2050.

Unfortunately ...

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The purpose is not a new one. Previously, during the Seventies, appeared the need to separate growth, indispensable for guaranteeing employment and the level of life increase, with energy consumption. The two oil shocks had destabilized foreign trades and France, at that time, was not protected by the euro against the speculation caused by its external deficit. Energy supply safety had become a priority, which had lead to the choice in favor of nuclear power production. Today, the stakes are the climate but the objective is the same: it is to reduce greenhouse gas emissions coming from energy consumption, and ...

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