The Monocle Daily

Global travel disruptions and energy price hikes: how are governments responding?

8 snips
Mar 24, 2026
Isabel Hilton, founder of China Dialogue and King's College visiting professor, offers sharp commentary on Asia's energy exposure and geopolitics. Nadine Batchelor-Hunt, political reporter, breaks down UK energy policy, travel disruption and domestic political fallout. They discuss rising energy prices, government responses, airport chaos and geopolitical flashpoints in short, lively exchanges.
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INSIGHT

Short Term Fixes Drive Energy Responses

  • Global energy shocks prompt short-term national measures rather than structural change.
  • Isabel Hilton notes countries cut duties, relax targets and dig more coal while stockpiles and pipelines create uneven exposure.
INSIGHT

Renewables Shield Some Countries From Price Spikes

  • Renewables and electric vehicles cushion countries from fossil-fuel price shocks.
  • Isabel Hilton contrasts Norway's near-90% renewables and cheap electric driving with the UK where gas-linked electricity pricing hides renewables' benefits.
ADVICE

Target Energy Support Not Blanket Subsidies

  • Target energy support to the most vulnerable rather than blanket subsidies.
  • Nadine Batchelor-Hunt warns past blanket subsidies cost tens of billions and a better targeted scheme is still missing.
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