European energy policy today is a clash of idealism with reality.
The energy crisis last winter with another one set to come this year is a sign of a political class that's experienced in sloganeering and little else.
Some countries are now trying to plan more-constructively for the next phase, which is the transition from gasoline and diesel-powered automobiles. Italy, Portugal, Slovakia, Bulgaria and Romania want to push back the effective ban of fuel-powered cars to 2040 from 2035.
More here.
This article was written by Adam Button at www.forexlive.com.
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