Petrostate Pathologies

Gasprom is mandated to sell 70 of gas to russia makes

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Unformatted text preview: uy the gas. Also, Russia is too proud to take advice from the World Bank, so the WB is partnering with two Russian companies. Effective demand: if you want it AND you can pay for it. The demand of poor Nigerians is not effective demand because they cannot pay for electricity. Or in Siberia, there is no demand at all. UN – maybe give carbon credits for NOT flaring gas, to get someone to pay for electrification of people and natural gas. Problem of subsidizing too much electri...
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This document was uploaded on 04/09/2014.

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