The European Energy CRISIS (Winter Is Coming)

The European energy crisis has begun.

As Europe gets closer to the cold winter months, its energy prices remain sky-high.

In this video we will focus on a few countries that are affected by this energy crisis, and how it got to this point.

Natural gas supply from Russia to Germany has been slashed by 80% for 4 weeks, with prices increasing by over 10x in 1 year!

The war going on in Ukraine exacerbated this problem, but this has been an ongoing issue even before the war started, going back to 2021.

46% of Germany’s energy mix is comprised of renewable resources, however, they are still heavily dependent on Russian gas.

Unfriendly regulations towards fossil fuels, despite having a heavy reliance upon them, have caused Germany and other countries within the EU energy dependent on foreign imports.

Watch until the end of the video for my thoughts!

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⏰ Timestamps ⏰:
0:00 – Intro
0:33 – Germany Energy Prices Increasing
2:51 – Germany’s Anti-Nuclear Campaign
4:25 – The European Energy Crisis
6:48 – How to Position Yourself
8:23 – My Thoughts

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