Heard on the Street: Spiking natural gas prices have hardened Europe’s resolve to embrace wind and solar power as a path to energy independence, much as the U.S. took to fracking
The shale revolution gave the U.S. energy independence. Europe wants the same thing from green energy—all the more so as natural-gas prices skyrocket.
for dealing with the energy crisis. It includes short-term measures to ease the pain, such as state support for households and small businesses. Medium-term plans include voluntarily clubbing together when buying Russian gas, reconsidering energy-market rules and increasing investment in renewables, energy efficiency and storage.
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