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Europe Must Act To Avert An Energy Crisis This Winter
With natural gas storage levels at a 10-year low just ahead of the winter heating season, Europe is facing hard choices from its limited range of options to alleviate the gas crisis. Governments across Europe have pledged to protect the most vulnerable consumers, as soaring gas and electricity prices are hot potatoes that no ruling party or coalition wants to encounter. But the energy price spike is here, and it could worsen as we enter the heating season in the northern hemisphere between November and March. European governments…
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