Global Energy Crunch Spurs Inflation and Scares Green Lobby
“Environmentalists are terrified. Not that polar bears will soon go the way of the dodo or that melting ice caps will submerge Iceland in the near future. No, the green lobby is very, very concerned that the energy shortage sweeping the globe might cause public officials to think twice before chucking fossil fuels,” reports Liz Peek in The Hill.
“That’s the gist of a recent Financial Times FT editorial that cautions, Net zero goals cannot fall victim to energy crisis. Just because electricity prices are soaring, gasoline is in short supply, coal costs more than ever, China is suffering rolling blackouts and Vladimir Putin has the EU begging for more natural gas, the FT hopes officials.”
