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Centre for European Reform

CER podcast: Europe's gas crisis heats up

Centre for European Reform

Centre for European Reform

News

4.452 Ratings

🗓️ 14 October 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

In this week’s Centre for European Reform podcast, our chief economist Christian Odendahl is joined by CER’s director of foreign policy, Ian Bond, and research fellows Elisabetta Cornago and Zach Meyers. They consider Europe’s current gas crisis from three distinct yet interlinked angles: the role of climate change, the European gas market and its regulation, and the geopolitical impact of energy shortages and price increases. Music by Edward Hipkins Produced by Rosie Giorgi

Transcript

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0:00.0

From the Center for European Reform, this is the CEO podcast.

0:04.2

Poson us seriously the question of the

0:06.0

future that we want, and we all

0:08.2

all together, the courage to it construct.

0:10.6

For us in Germany, is the

0:12.0

Beacentness to the European Europe,

0:14.1

a part of our state's resolve.

0:15.8

A strong united Europe is a necessity for the world

0:17.9

because an integrated Europe remains vital to our

0:20.2

international order. This is the moment for the world because an integrated Europe remains vital to our international

0:20.8

order. This is the moment for Europe to lead the way towards a new vitality. Welcome to this

0:28.5

new episode of the CER podcast. My name is Christian Odenda. I'm the chief economist at the CER and host of

0:35.2

this episode, which will look at Europe's gas crisis. And I have

0:39.3

just the CER experts, I need to make sense of it all. The gas market and the gas crisis is also a

0:45.5

climate issue. And I'm curious to find out more about how climate change is behind the search

0:50.1

in gas prices and whether it's even a good thing. And I'm glad that our climate and energy expert is

0:55.6

with us. Elizabetha Cornago, Elizabeth, thanks so much for joining us. My pleasure. The gas market is also

1:01.3

an EU internal market that is highly regulated as it is a special kind of market. And our competition

1:07.1

and regulation expert, Zach Myers, is also with us. Hi, Zach. Hi, Christian. Good to speak.

1:12.7

Last but not least, gas, as we know, is also a geopolitical issue with Russia being a major. Some

1:18.1

would say too big a supplier. And our director of foreign policy is not just a fluent Russian

1:23.1

speaker. He's also the former UK ambassador to Latvia. And so knows a thing or two about the geopolitics of it all.

...

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