Prime Minister Liz Truss has announced a freeze on energy bills, an end to the ban on fracking for shale gas, and new licences to drill oil in the North Sea.
President Ursula von der Leyen called for “mandatory” energy rationing during peak hours in order to “flatten the curve” of demand.
A former Swedish finance minister has warned that the shutdown of the Nord Stream 1 natural gas pipeline by Russia could lead to a crisis worse than both the pandemic and the 2008 financial crisis. Anders Borg, a former Swedish
The German government has announced that it will not be closing all of its nuclear power plants by the end of the year after all.
Russia’s decision to disable the Nord Stream 1 pipeline to the EU has seen the price of gas spike by 35 per cent.
One of Britain’s best-known breakfast shows plumbed new depths of indignity as a struggling guest spun the wheel to win his energy bills paid.
The cost of a pint of beer must rise to up to £20 (~$23) if British pubs are to stay in business this winter, an industry bigwig warns.
Foreign Secretary Liz Truss, the runaway favourite to succeed Boris Johnson as Conservative (Tory) Party leader and Prime Minister next week, has promised “immediate help” with soaring energy bills – but refuses to outline specific policies.
Despite warnings that European Union member-states face riots as a result of energy insecurity, a major bloc bigwig has insisted the EU is “not afraid” of Moscow cutting off its gas supply.
Tens of thousands of ‘Czech Republic First’ protesters are on the streets of Prague demanding their government adopt a neutral posture in the Ukraine war as energy prices go out of control.
The EU has reportedly been meeting its natural gas needs with imports from China, which has been purchasing surplus gas from Russia.
Russia’s state-owned gas company has posted record profits despite Western states targeting the country with sanctions.
The President of the EU Commission has demanded an “emergency intervention” into the electricity market to curb prices as warnings emerge that further spikes in energy costs are to be expected.
Russia has reduced the amount of gas it is sending to a major energy company in France, the Prime Minister of which has already warned that energy rationing over the winter is now on the cards.
The European Union now faces up to ten years of “terrible” winters of energy insecurity as a result of its green agenda, with many nations in the bloc having gotten themselves addicted to Russian gas in service of climate crazy ideals.
Spanish populist party VOX has vowed to challenge the newly passed energy decree in Spain’s constitutional court, claiming the decree violates the rights of Spaniards.
The economic powerhouses of the European Union, France and Germany, both set records on Friday for electricity prices, as the West’s sanctions war with Russia continues to bite.
(AFP) – European natural gas prices climbed Thursday towards a record peak on heightened fears over Russian supplies, while equities rose on the eve of a key speech from Federal Reserve Chair Jerome Powell.
As politicians in the country brace themselves for possible riots over the winter months due to ongoing gas chaos, Germany’s leftist Chancellor has insisted that the country’s “hearts and borders” will nevertheless “remain open”.
As officials in the country express their fears about future gas riots this winter, the German government has announced a host of new energy rationing rules that will come into effect from next Thursday.
President Emmanuel Macron has warned that the French public may react poorly to what he calls the “end of abundance” in France and Europe, as multiple crises brought about largely by political management wreak havoc on the continent.
Over half of households in Germany will be left living paycheck to paycheck or worse as a result of the country’s gas crisis, the head of a savings bank has warned.
Crop losses of up to 50 per cent are now expected in parts of Germany due to drought, farmers in affected regions have claimed.
At least one Ikea in Germany has told its customers not to eat french fries, with the massive corporation complaining that the food is bad for the climate.
Swedish electricity prices have increased 400 per cent since last year as costs for other goods such as food and alcoholic beverages continue to rise as well.
Those taking the German government to task over the ongoing gas crisis have been branded as the “new enemies of the state” by one minister in the country.
Riots resulting from gas shortages are to make anti-lockdown protests look like a “children’s birthday party”, one official has said.
Germany’s dependence on China — now its largest trading partner — makes it incredibly vulnerable to a future east-west trade war.
Germany’s Antifa-linked Interior Minister has threatened the public with consequences should they decide to like posts she disapproves of on social media.
Germany’s green push to move from carbon fuels and nuclear energy to renewables has “failed”, a state Prime Minister has declared.
Inflation within the Eurozone has hit yet another record high as the currency bloc struggles to deal with the ongoing gas crisis.
The socialist Prime Minister of Spain has told the public to ditch their ties to deal with the heat amid the energy crisis gripping Europe.
(AFP) – Russian energy giant Gazprom suspended gas supplies to Latvia on Saturday following tensions between Moscow and the West over the conflict in Ukraine and sweeping European and U.S. sanctions against Russia.
Officials from the UK’s National Grid have sworn to the public that the country will avoid blackouts this winter, though they have admitted that prices will end up being “very high”.
A Swedish analyst warned that Russian shutting-off gas to Europe could see prices soar and even collapse electrical grids.
Greenpeace has objected to Germany diversifying its supply of gas away from Russia, claiming new infrastructure could harm the climate.
A mega-landlord in Germany has demanded that the government lower the minimum temperature rules in the country so that it can restrict its tenants’ heating.
Vladimir Putin’s Russia has once again halved Germany’s gas supply, a move that will further harm an already struggling EU economy.
German Chancellor Olaf Scholz has introduced a new plan to help ease the ongoing energy crisis for the upcoming winter, including subsidies for home heating and a bailout of a major gas supplier.
A group of Polish lawmakers presented Germany with a proposal to lease the country’s nuclear power plants, which are set to be shut down.
