Market of Consequences isn’t really a market for energy. It’s a market for what energy leaves behind: emissions, waste, and delayed costs. And the bill doesn’t stay inside the system, it ends up with society.

Episode explores air travel beyond the ticket price. It looks at the public infrastructure that keeps aviation running, the hidden upstream footprint around every flight, and how climate volatility is already turning delays into a growing operational costs.

Shipping is the physical backbone of global trade. In this episode, we break down how ports, chokepoints, schedules, fuel and risk shape supply chains and why maritime logistics is not “transport”, but a system that can either hold the world together or slow it down.

Business news and global trade analysis - through energy, infrastructure, supply chains and risk.

This week: Mercosur, Arctic routes, and why the world is rebuilding 'backup corridors''.

Land transport isn't a service. It's a mandatory collective investment. And returns are never equal.

In this final episode of the four energy stages, I look at the final cost of energy, where price, risk, and responsibility ultimately end up.

This episode focuses on the delivery stage of fuel and why it is one of the most expensive and risk-heavy parts of the energy system. Transport adds another layer of cost, security, and exposure before fuel ever reaches the user. What looks like simple logistics quietly reshapes the final price of energy.

Before fuel is used, it has to be stored in tanks, terminals, ports, and infrastructure that quietly consume energy and carry risk. This episode explores fuel storage as a hidden cost of the energy system, where price, infrastructure load, and environmental risk accumulate long before consumption.