Liam Denning, Columnist

The State Is Back in Energy for Good: Elements by Liam Denning

September 9, 2022 at 11:18 AM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

A Union flag flies in front of a disused gasholder near London.
Photographer: Chris Ratcliffe/Bloomberg

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

Welcome to Elements, Bloomberg’s daily energy and commodities newsletter. EU energy ministers are meeting in Brussels to firm up a plan to get the continent through the winter. It’s another example of increasing state intervention in energy markets. In today’s take, Bloomberg Opinion’s Liam Denning explains why we should get used to it. If you want to get this email direct into your inbox, you can do that here.

The most prominent co-author of Britannia Unchained finds herself trapped in a bear hug. Faced with an energy crisis intensified by Russia’s invasion of Ukraine, new British Prime Minister Liz Truss has ditched the laissez faire of her 2012 book for an enormous state program to cap bills.