OPINION: Searing summer temperatures in Europe and the US are making communities aware of the dangers of climate change. But a freezing winter without enough gas for heating and industry is also looming. The contradictions are playing out.
this summer will be replaced by a freezing winter with households and business short of heating and energy supplies. It’s another reminder Australia’s energy crisis is just one part of the global energy jigsaw puzzle and that no one is sure how to fit all the pieces together.
across much of the Northern Hemisphere that provide countless communities with disastrous evidence of the impact of rising temperatures.But the agency’s executive director Fatih Birol is also asking European countries to burn more coal and oil for power generation right now – as well as renewables and nuclear – in an effort to conserve more gas ahead ofToo late, Europe is desperately trying to wean itself off its previous dependence on Russian gas. That switch is neither quick nor simple to do.
This helped boost energy prices well ahead of the Ukraine invasion last February. But energy shortages and prices have soared far more since then and there is no indication that will improve over the rest of the year. This is aggravated by Putin’s continued ability to defy the worst economic damage of the West’s economic sanctions by supplying oil and gas to other countries instead – at high prices.
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