Is an Energy Winter Coming to Europe?
Surging electricity prices in Europe have offered a preview of what awaits developed economies as they usher in new energy systems in pursuit of net-zero greenhouse-gas emissions. Short-term disruptions are not yet avoidable, but they can be mitigated with deft management.
https://prosyn.org/q7rqxRt
BARCELONA – The European Green Deal aims to reduce Europe’s greenhouse-gas emissions to net zero by 2050, not least through decarbonization of the energy sector. But while Europe wants to be a global leader in the fight against climate change, the question is whether it can achieve its goal and at what cost. The task is formidable, and the obstacles are daunting.