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Germany, Europe's largest economy, has been mired in an economic crisis, and France's economy has stagnated too. Both countries are also locked in political upheavals that stand to slow any responses.
In the U.S., utility gas prices in September were 70% higher than in recent years. Europeans, who already pay much higher for natural gas, saw bills rise sharply by 50% — for example, in Estonia.
A new report by environmental campaign group Greenpeace says that air travel within Europe is up to 30 times cheaper than traveling by more sustainable trains.
In September 2013, it was reported that multiple factors have conspired to cause Europe as a whole to decrease its use of natural gas and make more use of coal. [30] The report also contains updated price trends. In September 2021, gas prices in Europe reached all-time highs, following a collapse of wind-based power generation on account of low ...
The economy of Europe comprises about 748 million people in 50 countries. Throughout this article "Europe" and derivatives of the word are taken to include selected states whose territory is only partly in Europe, such as Turkey, Azerbaijan and Georgia, and states that are geographically in Asia, bordering Europe and culturally adherent to the continent, such as Armenia and Cyprus.
Over the last couple of months, major container lines and alliance carriers have been blanking several of their headhauls from Asia to Europe, citing weak peak season demand. Container lines blank ...
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
The European Commission presented its Green Deal Industrial Plan on Wednesday in response to the U.S. Inflation Reduction Act (IRA), with increased levels of state aid to help Europe compete as a ...