Carole Nakhle

Governments interfere with pricing mechanisms to shield consumers and companies from rising energy costs, but such measures only deepen the problems in the long run.

Germany woke up too late to the risks of energy dependence on Russia. Moscow’s natural gas shutoff may make it one of the hardest-hit EU economies.

With all those advantages, small modular reactors could make the nuclear dream a reality for many countries.

Europe faces an unprecedented scramble for gas. Russia may be strategically limiting supplies. Gas markets will eventually correct themselves.