Blackout: The energy crisis looming over Europe and the rest of the world
A looming global energy crisis—triggered by the Russia Ukraine war—threatens to spiral out of control this winter as a sharp increase in tariffs and the pressure to meet climate goals fuel rising discontent in Europe and elsewhere
By: Madhu Kapparath
Hit by unsustainable cost of living, people queue for free food at non-profit association Pane Quotidiano in Milan, Italy on August 31, 2022. According to ISTAT, Italy’s office for national statistics, 1.9 million Italian households, and 5.6 million individuals were in absolute poverty last year, beating the previous record in 2020, the year of the beginning of the coronavirus pandemic.
