“Each time, the scramble fails to address the underlying vulnerability. That vulnerability has two faces: not only dependence on fossil fuel imports, but the structural energy waste that decades of relatively cheap fossil fuels allowed Europe to keep prolonging - a gap no shock [..] has yet closed.”
Europe has already cut its energy bill by 29% but nobody talks about it.
EU energy use in 2024: 854 Mtoe. Without efficiency gains since 2000 it would have been ~1,103 Mtoe. That's energy nobody had to generate, import or pay for.
New policy brief out today 👇
www.janrosenow.com/uploads/4/7/...