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
An employee works in the bakehouse of the Bonert bakery in Munich, Germany, on September 15, 2022. Rising energy prices are taking a toll on German bakeries that are heavily dependent on gas and electricity, threatening the existence of many small family businesses and the affordability of this key staple food in Germany.
