The European Energy CRISIS ( Winter Is Coming)
The European energy crisis has begun. As Europe gets closer to the cold winter months, its energy prices remain skyhigh. In this video we will focus on a few countries that are affected by this energy crisis, and how it got to this point. Natural gas supply from Russia to Germany has been slashed by 80 for 4 weeks, with prices increasing by over 10x in 1 year The war going on in Ukraine exacerbated this problem, but this has been an ongoing issue even before the war started, going back to 2021. 46 of Germany s energy mix is comprised of renewable resources, however, they are still heavily dependent on Russian gas. Unfriendly regulations towards fossil fuels, despite having a heavy reliance upon them, have caused Germany and other countries within the EU energy dependent on foreign imports. Watch until the end of the video for my thoughts WBF University Join My School Here:
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