
Energy, The Fed, And Germany (Podcast)
Bloomberg Intelligence
00:00
Europe's Energy Crisis
80% of europe's energy is all gas and coals. Diversifying fossil fuel will be key to decarbonization, says Mr O'Neill. Europe has introduced a policy to reduce gas consumption by 15%. It takes three, five years to build sola and wind on shore,. it can take ten to 15 years to build offshore wind and nuclear.
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