Can Europe work collectively on hovering power costs? | Power

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Video Length 24 minutes 15 seconds

From: Inside Story

EU leaders fail to agree on capping pure fuel costs forward of the northern winter.

Time is working out for Europe to include hovering pure fuel costs.

Russia was the continent’s fundamental supplier till it invaded Ukraine earlier this 12 months.

Sanctions and disruptions to pipelines have dented provides, so households and companies are being pressured to pay a number of occasions greater than normal.

EU leaders have did not agree on a worth cap to maintain prices down prematurely of the northern winter.

Hovering power payments and rising dwelling prices have triggered protests throughout main European cities, and this was the dominant situation within the current elections in Italy and Sweden.

So what can leaders do to forestall a winter of discontent?

Presenter: Laura Kyle

Visitors:

Rebecca Christie – Non-resident fellow, Bruegel

Max Lawson – Head of Oxfam Worldwide’s Inequality Coverage programme

Ana Maria Jaller-Makarewicz – Power analyst, Institute for Power Economics and Monetary Evaluation



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