Can Europe Actually Afford To Kick Fossil Fuels? ...Middle East

When European gas prices began to climb last year, it was because of a fast-deepening mismatch between demand and supply of energy, with renewables underperforming at a crucial time. The mismatch is still here, and supply just got cut considerably. Austria, the Netherlands, and Germany will be firing up coal plants that were supposed to be retired in the not too distant future as the supply of Russian gas shrunk because of technical problems, according to Gazprom, or political reasons, according to Germany's economy minister. And a German utility…

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Can Europe Actually Afford To Kick Fossil Fuels? ...Middle East

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