| Author (Person) | Bond, Ian (et al.) |
|---|---|
| Publisher | Centre for European Reform (CER) |
| Series Title | CER Insight |
| Publication Date | October 2021 |
| Content Type | Research Paper |
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Summary: Europeans’ skyrocketing energy bills are not primarily Russia’s fault, though it is capitalising on Europe’s vulnerability. In the long run, a faster green transition offers the best insurance against the next crisis. Member-states should not pull the brake on green policies proposed in the recently-tabled Fit for 55 package, for fear of additional impacts on consumer energy prices. Instead, they should redouble their efforts to ensure that these policies result in a just energy transition – ensuring costs are fairly shared between all consumers and across countries. And in the end, the best way to avoid the impact of high gas prices is not to rely on gas. |
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| Source Link |
Link to Main Source
https://www.cer.eu/insights/why-have-europes-energy-prices-spiked
Alternative sources
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| Related Links |
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| Subject Categories | Energy |
| Subject Tags | Prices, Renewable Energy |
| Keywords | Natural Gas |
| Countries / Regions | Europe |
| International Organisations | European Union [EU] |
