Monday 15 July 2013

Why “Smart” Cards Are Stupid | @REBELECONOMY

"This guest post is by Stefanie Heerwig, a freelance journalist and researcher at Openoil, a Berlin-based energy consultancy and publishing house.
As the dust settles after Egypt’s latest wave of fuel shortages, the conspiracy theories about why there was a sudden recovery in fuel supply after Mohammed Morsi’s ouster are also fading away, until the next time there are chronic shortages.
But one thing the interim government won’t be able to forget is how to get over the country’s addiction to energy subsidies, a system which has bred an entire parallel black market."

'via Blog this'

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