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This study discusses flexibility of the Common Agricultural Policy (CAP) from various angles. The current flexibility does not create major conflicts with the objectives of the CAP. It makes decision-making more dispersed over the Member States, but also more effective. There may be small adverse effects on the level playing field. On the positive side, flexibility allows Member States to address specific problems and pursue heterogeneous and/or geographically bound goals. This should be regarded ...

In recent years, the United States’ natural gas industry has undergone a significant transformation, dubbed a 'revolution': extraction rates have soared thanks to new technologies. The shale gas boom is having an unprecedented affect on the US energy market, and this, in turn, has important implications for the rest of the world, notably the Middle East and Russia. While the shale gas 'revolution' has spurred a debate on environmental consequences and sustainability within the US, other countries ...