The United States of America is very interested in the energy reserves in the Persian Gulf, and is willing to fight for further freedom of movement in the region, stated the former Director of the US Central Intelligence Agency (2011-2012), David Petraeus, at the 10th YES Annual Meeting “Changing Ukraine in a Changing World: Factors of Success”, at Crimea’s Livadia Palace on Friday.
In the Soviet era, Ukraine produced some 70 m3 of natural gas. For political reasons the then leaders of the USSR restructured the national economy to use Siberian gas.
Next century the global energy market could develop in one of two directions: either hydrocarbons (scenario “Mountain”) or solar energy (scenario “Oceans”) will become the major energy source, Graham Tiley, Country Chair, Shell Ukraine, stated on Friday at the 10th Annual Meeting of YES “Changing Ukraine in a Changing World: Factors of Success” held in the Crimean Livadia Palace.
The energy security issue is central to the Ukraine’s survival. So stated Leonid Kuchma, President of Ukraine from 1994-2004, at the session “Energy: Threats, Solutions, Revolutions” at the 10th Annual Meeting of Yalta European Strategy.
The next decade will see a period of competition between conventional and renewable energy sources, Vice Prime Minister of Ukraine, Yuriy Boyko, stated at the 10th Annual Meeting of YES “Changing Ukraine in a Changing World: Factors of Success” in the Crimean’s Livadia Palace on Friday.
Energy saving, new gas production technologies and development of renewable energy sources is the path to energy independence for any country, stated US ex-Secretary of Energy and former Governor of New Mexico, Bill Richardson, during the session “Energy: Threats, Solutions, Revolutions” at the 10th Annual Meeting of Yalta European Strategy, which officially opened today in Yalta’s Livadia Palace.
Because of its cooperation with Europe, in the future Ukraine will have to defend its sovereignty in the East, stated Robert Zoellick, President of the World Bank (2007-2012) at the 10th Annual Meeting of YES “Changing Ukraine in a Changing World: Factors of Success” in the Livadia Palace, Crimea, on Friday.
Encouraging consumption, which underlies the pre-crisis model of economic development, has exhausted itself. This opinion was voiced by Martin Wolf, Financial Times Chief Economics Commentator. He was arguing on this issue with his old opponent Larry Summers, during a panel discussion on the global economy, at the 10th Annual Meeting of Yalta European Strategy.
The European Union finds it more and more difficult to take consolidated decisions on economic issues, stated former Managing Director of the International Monetary Fund (2007-2011), Dominique Strauss-Kahn, during a panel discussion on the problems facing the global economy held on Friday 20th September at the 10th Annual Meeting of the Yalta European Strategy.