Energy Crisis - Page 7

Ireland’s Prime Minister has told the public that they are in for a “difficult” winter as energy supplies across Europe begin to dwindle

Despite the fact it is currently wrestling with a crippling energy crisis, the EU has passed legislation putting further curbs on carbon emissions.

Germany has moved one step closer to rationing gas after the country triggered its second bout of emergency powers over the ongoing crisis.

Germany’s Finance Minister has called for the country to keep using nuclear power to ease the ongoing energy crisis, despite one energy tsar in the country labelling it “backwards”.

Germany’s economy minister said that the country will limit the use of gas for electricity production amid concerns about possible shortages.

Fox News’ Peter Doocy confronted the Biden administration on Thursday for its deflection on issues like inflation and oil production.

The United Kingdom has seen a £500 million increase in fuel exports to the EU in April despite the soaring costs of energy domestically.

The EU agreed to embargo two thirds of Russian oil immediately with the aims of reducing imports by 90 per cent at the end of the year.

The summer of 2022 is poised to deliver a dangerous challenge to overstressed power grids around the world, at a time of soaring energy prices and reduced fuel inventories thanks to the coronavirus pandemic aftermath and Russia’s invasion of Ukraine.

Germany is reportedly preparing to institute gas rationing in Europe’s largest economy as Russia allegedly cut off shipments to Finland.

The high level of inflation may last for years in Britain, a former top economist from the Bank of England has warned.

The EU proposed plans to impose an embargo on Russian oil by the end of the year as a part of its sixth round of sanctions against Moscow.

German inflation hit its highest level in over fourty years, as the economic fallout from lockdowns and the war in Ukraine continues to bite.

Germany was the largest customer of Russian energy of any country during the first two months of the invasion of Ukraine, a study found.

Nearly nine in ten Britons have reported an increase to their cost of living, with about a quarter of adults struggling to make ends meet.

Two weeks after Italians were told they’d have a choice between ‘air conditioning or peace’, the government appears to have made the choice for them, introducing rationing of AC and heat in a bid to reduce the nation’s dependence on imported Russian energy.

The Prime Minister of Denmark has said that in order to take on Vladimir Putin, her country will need to focus more on green energy.

Climate crazies in Germany have threatened to start cutting off oil and gas pipelines until the government acquiesces to the group’s green demands.

France said it will push for an EU-wide embargo on Russian oil to dry up a crucial energy revenue stream for Vladimir Putin’s government.

The UK is reportedly considering a reversal of its Build Back Better agenda by scrapping energy bill taxes used to subsidise green projects.

A ‘sharp recession’ lies ahead for Germany should it be cut off from the Russian gas it is so badly addicted to.

Inflation in the United Kingdom has risen to the highest level in 30 years last month, spurred on by the spiralling costs of fuel, which saw the sharpest spike in prices since records began. According to the Office for National

Inflation in the UK has resulted in basic wages “falling noticeably” in real terms, the Office for National Statistics reported on Tuesday.

The Labour Party has come out against blockades of oil depots by eco-warriors amid the cost of living crisis and reports of feul shortages.

Italy’s Prime Minister Mario Draghi has drawn ridicule for saying that people can either choose peace in Ukraine or their air conditioners.

British regulators announced the nations two fracking sites will not have to be covered in concrete for the next year to conduct research.

Despite facing a chronic energy crisis, Germany has continued its Green crusade of shutting down hydrocarbon-fueled power plants.

Half of backbenchers in the Conservative Party have joined a green agenda group to push ahead with Boris Johnson’s Build Back Better vision.

Economy Minister Robert Habeck has declared an early warning level over Russian gas supplies that has seen speculation of coming rationing.

Even if the U.S. can ship more gas to Europe, the continent may struggle to receive it. Import terminals are located in coastal areas, where there are fewer pipeline connections for distributing it. And if all Europe’s facilities were operating at capacity, the amount of gas would likely be only about two-thirds of what Russia delivers through pipelines.

In an apparent move of desperation, Germany has agreed to a gas deal with Islamist Qatar to try and wean itself off Russian energy.

Brexit Minister, Jacob Rees-Mogg, has called for Britains Conservative government to reconsider their fracking ban.

Gas prices are set to soar across Europe and the UK following Germany’s decision to block the approval of Russia’s Nord Stream 2 pipeline.

Chancellor Olaf Scholz shied away from backing Biden’s pledge to “bring an end” to the Nord Stream 2 pipeline should Russia invade Ukraine.

The British Prime Minister Boris Johnson has sacked a Conservative MP following her vote to cut VAT on energy bills.

A UK energy supplier was forced to apologise after advising Britons to “cuddle” with pets to keep warm amid soaring energy prices.