Basically: great news for LNG shipping companies as gas is no longer traveling the most efficient path.
Basically: great news for LNG shipping companies as gas is no longer traveling the most efficient path.
The CEO has share options. He wants to get rich. He will act to increase the value of stock.
How do we change the incentives, so that he wins only if we win?
The CEO has share options. He wants to get rich. He will act to increase the value of stock.
How do we change the incentives, so that he wins only if we win?
Mark is absolutely right that if you attempt to deal with the symptoms of a problem using price controls, then people work their way around it.
Mark is absolutely right that if you attempt to deal with the symptoms of a problem using price controls, then people work their way around it.