Corruption in the Energy Sector: The Dangers of BCEF (Bribery, Crime, Exploitation, Fraud)

Download or read book Corruption in the Energy Sector: The Dangers of BCEF (Bribery, Crime, Exploitation, Fraud) written by Marc-Joel Fortelny and published by Anchor Academic Publishing (aap_verlag). This book was released on 2014 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this study is to depict the energy environment regarding the various sources of energy, the correlation of energy mixes, various trends of transition and mainly corruption of these preceding aspects. An insight of successful and failing counter-measures is also provided.The term corruption in an economic environment is defined as fraud, bribery, immorality and misuse of power, however the actual scope is greater, as the interdependencies of nations, economies and their corresponding interactions create disruptions and discrepancies – especially when lobbying is exploited. Misinformation and the corruption of data are the most difficult research topics, as science should not be misused in forcing an opinion with falsifying facts for instance and must not lead to technical provable contradictions.The approach to fight corruption is most likely to be efficient and successful if performed supranational on all public sectors - with adaptations to the energy sector - by all means with high collaborative efforts.