Europe is in the Midst of a Deepening Energy Crisis
Global Dispatches -- World News That Matters
English - September 15, 2022 02:00 - 20 minutes - 18.4 MB - ★★★★★ - 288 ratingsNews Commentary News Politics development foreign interviews news rights unitednations world Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Energy prices are soaring in Europe, driven largely by the uncertainty surrounding Russian gas exports. Making matters worse was an announcement in early September that Russia would not re-open its Nord Stream 1 pipeline, which is a major supplier of gas to Europe.
As winter looms, European governments are scrambling to devise policies to minimize the impact of rising energy costs to both their economies and individual consumers.
Putin is very deliberately using gas and energy exports as a way to hit back at Europe and break Europeans' steadfast support for Ukraine. Needless to say, Europe's ability to manage this crisis could have a significant impact on European countries approach to the conflict in Ukraine.
In this episode, we are joined by Ben Cahill, Senior Fellow in the Energy Security and Climate Change Program at the Center for Strategic and International Studies in Washington. We discuss Europe's energy crisis, the EU's response thus far, and the political impact of rising energy costs in Europe, as well as the potential remedies and consequences of energy shortages and price spikes.