The Facts

Commentary: Energy poverty in Europe is linked to expensive renewables

Commentary: Energy poverty in Europe is linked to expensive renewables

With the recent rise in the price of natural gas in Europe to five times where it was in early 2021, expect to see many more Europeans and those in United Kingdom plunged into what’s known as “energy poverty.” From Greece to Great Britain and everywhere in between, the European electricity grid has increasingly been delinked from reliable affordable fossil fuels and hooked up to more expensive and intermittent wind and solar projects.
Commentary: Canada is missing out on a $1.2 trillion European Union natural gas market

Commentary: Canada is missing out on a $1.2 trillion European Union natural gas market

In 2009, the central European country of Ukraine endured a twin lesson in geopolitics and energy security: Russia cut off its natural gas supply in mid-winter.
Commentary: Europe’s oil from tyrannies and autocracies: 3.1 trillion Euros worth since 2005

Commentary: Europe’s oil from tyrannies and autocracies: 3.1 trillion Euros worth since 2005

One of the more bizarre developments in Europe in recent years has been the twin policy path whereby fossil fuels are discouraged in favour of wind and solar, but deals are yet struck with autocracies such as Russia to import more fossil fuel via pipelines.
WATCH: CEC’s Mark Milke on EU imports of foreign oil from tyrannies and autocracies

WATCH: CEC’s Mark Milke on EU imports of foreign oil from tyrannies and autocracies

Canadian Energy Centre Executive Director of Research Mark Milke joined Business Insider host Mario Toneguzzi to discuss the reliance of European Union nations on imported oil from countries with poor civil rights records like Russia and Saudi Arabia.
Commentary: Guess where Canada’s $488 billion in foreign oil came from?

Commentary: Guess where Canada’s $488 billion in foreign oil came from?

In one of the great ironies of modern Canadian life, a country with plentiful oil reserves has imported $488 billion in foreign oil since 1988. This is so despite the presence of the one of the world’s largest oil reserves from Newfoundland to British Columbia (their offshore reserves) to onshore deposits on the prairies.