Energy crisis is a 'wake up call' for Europe to ditch fossil fuels
CNN
Soaring energy prices are a stark reminder of how dependent Europe is on fossil fuels and should serve to accelerate the shift towards renewable forms of energy.
"This experience today of the rising energy prices is a clear wake up call... that we should accelerate the transition to clean energy, wean ourselves off the fossil fuel dependency," a senior EU official told reporters as the European Commission unveiled a series of measures aimed at tackling the crisis.
The European Union is facing a sharp spike in energy prices, driven by increased global demand and lower-than-expected natural gas deliveries from Russia. Wholesale electricity prices have increased by 200% compared to the 2019 average, according to the European Commission.
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