The European Energy Crisis: A Failure of Policy?

The Energy Gang

Wood Mackenzie

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4.6 • 1.3K Ratings

🗓️ 29 July 2022

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

At a time when much of Europe has been sweltering in record temperatures, it feels like a stark contrast to be worrying about winter.

These are very worrying times for Europeans, because of deep uncertainty over what will happen to the import of Russian gas, which is critical for keeping the lights on and keeping people warm in their homes. Meanwhile, the US appears to have reached a defining moment in the evolution of climate policy.

In this episode, host Ed Crooks is joined by regular contributor Amy Myers Jaffe from the Climate Policy Lab at Tufts University, and a new voice on the Energy Gang, Vicky Bailey, founder of Anderson Stratton Enterprises.

Things are heating up on the energy front, which begs the question, does the crisis we are seeing now represent a failure of energy policy in Europe?

We invite our listeners to comment and join the debate. This week Ed and the gang respond to a question about nuclear power and its future in the energy transition.

The future of U.S. climate and energy policy is again in peril, after West Virginia Senator Joe Manchin kills the Biden Administration’s “Build Back Better” plan.

As always, check out our Twitter to let us know your thoughts and any future topics you want us to discuss.

Also don’t forget to send us your free electrons! Tweet us @TheEnergyGang or use the hashtag #EGFreeElectrons. We can’t wait to hear your stories.

NOTE: This episode was recorded earlier in the week, before the news that Senator Joe Manchin had agreed to back a bill that would deliver a substantial increase in support for low-carbon energy in the US, including extended tax credits for renewables, hydrogen, and advanced nuclear power.

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Transcript

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0:00.0	Hello and welcome to The Energy Gang, a discussion show where we're going to be talking again
0:04.6	about the ever-deepening energy crisis. I made crux.
0:08.2	At a time when much of Europe has been squeltering in record temperatures, it feels like a
0:13.0	bit of cognitive dissonance to be worrying about winter. But these are very worrying times
0:17.6	for Europeans because of deep uncertainty of what will happen to imports of Russian gas,
0:21.9	which are critical for keeping the lights on and keeping people warm in their homes.
0:25.5	And meanwhile in the U.S., we're a pit of reach to defining moment the evolution of climate
0:29.8	policy. To discuss these topics, it's my great pleasure to welcome back one of our regular
0:33.8	contributors, Amy Mars-Jaffee, who's the managing director of the Climate Policy Lab of the
0:38.2	Fletcher School of Government at Tufts University. Hi, Amy, how are you? Have you been since we saw
0:42.8	it travel last? I'm great, Ed. It's been a very busy summer. We had our first ever climate
0:49.1	policy summer academy with the 40 attendees from governments around the world.
0:54.6	Fantastic. What kind of things are we doing there? We do comparative evaluation of climate policy
0:59.8	together, compare decarbonization models, and talked a lot about carbon pricing, which was a hot
1:06.2	topic for the academy this year. Yeah, it sounds very interesting and a great time, obviously,
1:11.0	to be doing that. A lot to talk about. I'm sure. Also to date, my very great pleasure to welcome
1:16.5	a new voice to the energy gang. We have Vicki Bailey, who's the founder of Anderson Stratton
1:21.0	Enterprises, which is a consulting firm, and she's also chairman of the board of the United States
1:25.5	Energy Association, which is a non-profit group that works to promote energy development in the
1:30.6	US and around the world. Vicki, thank you very much for joining us today. Yes, good to be with you,
1:35.9	Ed, and Amy, and glad to join you. You've had an amazingly distinguished career in the energy
1:42.3	industry. I was reading through your CV the other day and looking at what you've been doing in
	...

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