Putin has the last laugh
Just as the European Commission was polishing up its new plan to ban all supplies of Russian gas disaster struck and at the worst possible moment.
Just as the European Commission was polishing up its new plan to ban all supplies of Russian gas disaster struck and at the worst possible moment.
The shortage of gas and electricity and their exorbitant prices are causing a major economic crisis. Companies can no longer pay their bills, and power cuts threaten the health and safety of the French. And it’s not over yet…
Doctors’ strike, SNCF strike, medical analysis labs strike, Post Office strike, public transport strike, Air France strike… Energy crisis and, soon, power cuts: it’s a general mess!
The sanctions against Russia are now turning against those who initiated them. The soaring price of gas and electricity is likely to cause real riots in France. As in the UK and probably elsewhere.
“The appeal” of the three major French energy companies in the JDD of this Sunday, June 26, 2022 is disturbing. Because, they say, the upcoming price hike “threatens our social and political cohesion”. How politely these things are said!
Are the energy choices in the programs of the 10 main presidential candidates (Dupont-Aignan, Hidalgo, Jadot, Le Pen, Macron, Mélenchon, Pécresse, Roussel, Taubira, Zemmour) in terms of electricity, gas, and nuclear energy relevant for companies and the French ?
Samuel Furfari*, professor of energy geopolitics at the Free University of Brussels and president of the European Society of Engineers and Industrialists, explains why energy prices will rise further.