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The Green Brief: Europe’s failed ‘grand bargain’ on energy

From euractiv.com

Europe is on the cusp of a transformative trauma: after the 1970s oil crisis, which marked an entire generation, the 2020s energy crisis is now set to do the same. Are our leaders doing the right thing? Not quite. People all around us are quickly turning into anxious kilowatt-counters, fearful of soaring energy bills triggered by Russia’s war in Ukraine and the weaponisation of gas supplies by Moscow. “This is a war on our energy, a war on our economy, a war on our values and a war on our future,” European Commission President Ursula von der Leyen said in her annual State of the Union speech just a week ago. ... (full story)

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  • Category: Fundamental Analysis