Europe is running out of time to contain soaring natural gas prices.
Russia was the main provider until it invaded Ukraine.
Sanctions and disruptions to pipelines have dented supplies.
European Union leaders have failed to agree on a price cap ahead of winter.
Soaring energy bills and living costs have triggered widespread protests.
So what can leaders do to prevent a winter of discontent?
Presenter: Laura Kyle
Guests:
Rebecca Christie – Non-resident Fellow, Bruegel
Max Lawson – Head of Oxfam International’s Inequality Policy programme
Ana Maria Jaller-Makarewicz – Energy Analyst, Institute for Energy Economics and Financial Analysis
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25 Comments
As a South African, there's nothing much you can do, get used to it and adapt and take responsibility for your own energy supply, insulate better, use less power and water is the main thing, stop the excessive consumption endemic to the global north , LEDs, grey water systems, rain water tanks, solar systems (obviously I'm aware we're blessed with far more sunshine) the developed nations like to point the finger, but due to our constraints we use far less energy and emit far less greenhouse gasses than the north. And where I am we can't rely on national government for reliable supply, this is leading to more personal awareness and private entrepreneurship starting to make a real impact, and luckily in Cape Town the local government is really on board and helpful, we suffer less rolling blackouts than the rest of our country, but streamlined systems, minimal red tape and government interference has allowed this. Stop relying on your governments to help you!
Europe is working together in destroying their economies & their countries just as the US has mandated them to do. I hope they enjoy it.
EU might have thought well before deriving a policy against Russia.
Lack of skill by EU , people have to encounter more difficulties during winter.
Russia dependent EU might have arrived correct decision.
In winter season solar output is almost nil.
Nothing on this earth worse than stupid foolish, so called leaders. Doomsday is what they need?
USA is safe now.
Only all other countries in the world , are suffering due to wrong policies of EU.
Gas price hike is due to wrong policy of EU.
Supply chain to EU was disrupted.
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Oh, the energy demand is dropping along with the companies…
ACTUALLY CITIZENS SHOULD STOP PAYING ELECTRICITY BILLS BECAUSE IF GOVERNMENT GIVING MONEY TO OTHER COUNTRIES FOR FIGHTING WAR THEN WHY NOT PAYING FOR OWN CITIZENS FREE ELECTRICITY? πππππππ½π½π
Heat pump is not going to solve the problem in a house. It saves some but doesn't remove the bill.
People will be dying from cold and still media is going to blame Putin for that. π
Solar panels for heating… about as useful as a solar torch π
So sorry to hear many people have to put through this while their leaders have heated homes and offices and are so very comfortable there.
Leaders are doing too much talking, and too little doing.
Well, start chopping up some firewood πͺ΅ NOW!
ALL THE MONEY INVESTED IN SO CALLED GREEN ENERGY , THEY WANT A RETURN ON INVESTMENT . CALL IT ……….. " GREED ENERGY "
Guarantee you every single politician will be snug and warm this winter. Why is that woman in the blue jacket walking into everyone?
so let me recap this here
your governments get involved in something that doesn't involve them
get put under pressure from the boss to impose self defeating sanctions
then that same short sighted government is supposed to fox the mess they caused to themselves for one reason or another for the last 2 or 3 years?
did i miss anything?
The only solution for Europe is to make nice with Putin and don't let USA influence every single decision regarding Europe and their people
The people are only escalator wen they get the position no one knows them you have to wait until next Time
Surprisingly balanced reporting for a refreshing change. +1
In the Uk these drop outs can't afford to buy any gas because they've used up all their hand outs burning crack.
It took Climate Change, the Covi 19 epidemic, Putin, and Ukraine war to wake us all up to reality. All our energy sources, now archaic and dangerous are life- sustaining in our economic hubs, with no real innovation in sight to get us all out of the vicious circle and abuses of great interest in governments, billionaires, profiteers and allied great banks, their ingenious strategies target us and blind us all do to our needs.Go back to Nicola Tesla 1983 electric plant technology for electricity without fossil fuel and co2 emissions or use of batteries, build them now, all around the EU, let's have free or cheap electricity now, we must leave profits behind to help the working classes survive. Build small plants in strategic areas, they will be cheaper than what you have.
maybe we should just use gas π