Abstract
When I began this series of columns in 2015, one of the first was a reflection on the problems of assessing and characterizing international energy.1 Local customs, terms, and methods of regulation are rarely comparable. There are few international energy markets and almost no international legal or political standards for practical energy regulation. What is more, the reasons why democratic governments regulate as they do often reflect legislative, policy, or regulatory reactions in response to strong public opinion stemming from long‐forgotten sources of public frustrations.
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