Vittoria Pirone 🇪🇺
Speaking on FRANCE 24, Francesco Sassi, Assistant Professor at the University of Oslo and #energy geopolitics expert, says that the #Iran #war has provoked "the largest #oil supply disruption in history" adding that "what is really concerning is that #EU national governments will start to unilaterally take action, subsidising energy consumption or act to secure energy supplies, and this will inevitably increase the cost of natural gas and oil in Europe".
https://www.youtube.com/watch?v=0sIZR56Di5A
EU faces 'largest oil supply disruption in history', energy expert says • FRANCE 24 English

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Show threadRaymondPierreL38h ago
@Vittoria
Just another example of what an overly deregulated market does to local economies… not that I have an answer aside from the ‘nationalisation’ bludgeon (which might not work at all if used in isolation).
Show threadtxtx 🇪🇺5h ago

@RaymondPierreL3 @Vittoria I like to think that taking this crisis head-on by would be the way to go:

An emergency large scale build out of solar, wind, EV infrastructure. Tax heavy SUVs. Massively build out bike roads. Make public transport free or nearly free. Ban private cars in city centers. Remove tariffs on foreign EVs. Etc etc etc