Don’t blame eco-activists for EU energy crunch *yet*

Plus: Gas surge exposes UK’s frail energy retail market, Russia’s motives laid bare + MORE

First up: Surging gas prices have lifted the curtain on an unpleasant sight: the parlous state of the UK’s deregulated energy retail segment. That’s this week’s breakout story.

And: The intensifying debate around the European energy crunch is missing one key ingredient: some historical perspective. That’s right here in this email.

Here’s the full line-up:

💥UK found with ‘trousers around ankles’

⚡Transition lines:

• Eco-activists aren’t *yet* to blame for EU energy crunch

• Russia reveals its hand in EU gas standoff

• Shell’s Permian exit shows how climate activism fuels M&A

• M&A flop casts cloud over Alberta’s CCUS hydrogen plan

• COP26 host UK is now subsidising CO2 production

• And more…

🧠Energised minds:

• ‘Net zero bandwagon is cutting off the world’s fuel supply at its knees’

• ‘The degrowth philosophy is abject fantasy’

UK found with ‘trousers around ankles’

The chickens are coming home to roost in Westminster. A surge in global gas prices is revealing the parlous state of the UK’s deregulated energy retai…