Cost Of Living Crisis Threatens EU Energy Transition ...Middle East

Economy by : (OILPRICE) -
Consistently higher living expenses have deepened a rift among—and within—EU members about tackling climate change and moving away from oil, gas, and coal. The development has been anything but surprising, as higher energy costs had millions of Europeans struggling to make ends meet. Yet Brussels remains adamant that the transition must happen as planned. Or almost. This spring, the ruling coalition in Germany proposed a bill aiming to phase out gas heating systems and replace them with electrical ones that draw energy from sources…

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