The cutting of Russian gas supplies to Europe has led Germany to step up coal use, despite its goal to phase it out by 2030.
Tag: Energy and Power
Nord Stream Pipelines Have Stopped Leaking After Earlier Damage
Both European and Russian leaders have said that ruptures discovered undersea were an act of sabotage.
An Israel-Lebanon Border Deal Could Increase Natural Gas Supplies
Offshore gas fields in the Mediterranean could become one of several new energy sources for European countries as they seek independence from Russia.
What You Need to Know About the Elections in Italy
The elections could produce the first government led by a woman and by a hard-right party with post-Fascist roots.
Strike Near Another Ukrainian Nuclear Plant Escalates Fears of Disaster
A powerful Russian missile hit 300 yards from the plant far from the front lines, Ukraine said, a reminder that despite its recent retreat, Russia can still threaten nuclear sites.
E.U. Calls for Taxes and Handouts to Battle Rising Energy Prices
The European Commission wants the bloc’s members to impose taxes on the profits of energy companies to fund handouts to households and businesses.
As Crises Mount, Europe Turns Once Again to Big Spending
The standoff with Russia over Ukraine and rising energy prices are rapidly overturning European economic orthodoxy, with barely a peep of dissent.
Liz Truss, New UK Leader, Lays Out Energy Price Cap Plan
Facing severe economic headwinds, Prime Minister Liz Truss announced emergency measures to freeze gas and electricity rates.
Rising Energy Prices and High Inflation: The Economic Issues Facing Liz Truss
Consumer prices in Britain are rising at their fastest pace in decades, as the inflation rate exceeds 10 percent and is expected to keep climbing.
Hawaii Closes Its Last Coal-Fired Power Plant
A state law bans the use of coal for energy production beginning next year.