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Senior executives and directors. (A Special Report for Senior Executives).(Brief Article)
The collapse of Enron, debate over the president's energy and global warming policies, and California's ongoing energy crisis have dominated the media for months. Siemens believes that these stories, while important nationally, ultimately serve to distract us from more immediate concerns.
For while these stories play Out on Capitol Hill and in the offices of national and international lobbyists, our companies and public and private institutions must deal with the reality of energy markets here and now, while preparing for almost every long-term energy scenario.
Guessing wrong on future energy commodity prices could place the viability of many companies at risk. Economics textbooks are full of examples of companies that faltered or failed after neglecting to properly hedge against turns in the market ...
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