Politics
Energy Crunch Should Spur Green Shift, EU Climate Chief Says
- Timmermans speaks to lawmakers on planned EU carbon cuts
- Natural gas, power, CO2 prices in Europe soar to record highs
Frans Timmermans speaks at the European Parliament in Strasbourg, on Sept. 14.
Photographer: Julien Warnan/AFP/Getty Images
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The record spike in energy prices must not undermine the European Union’s resolve to cut emissions and should instead become a trigger for the region to speed up its green transition, the bloc’s climate chief said.
“Instead of being paralyzed or slowing things down because of the price hike now in the energy sector we should speed things up in the transition to renewable energy so that affordable renewable energy becomes available for everyone,” Frans Timmermans told members of the EU Parliament on Tuesday. “That’s the lesson we should draw from the present situation.”