"Crippling Europe" - Cold winter, cold hearts

The Point
12 Oct 2022

CGTN America

Is the United States a friend in need for European countries? As the energy crisis tightens its grip on Europe, efforts to find alternatives to Russian energy are not as easy as promised. The share of Russian natural gas in the EU's total imports has halved from over 40 percent in 2021. With the winter approaching, countries are scrambling to import energy from elsewhere, particularly the U.S. and Norway, only to be met with skyrocketing prices. German and French political figures have made their displeasure public, while U.S. companies are raking in record revenues. Who is profiteering from the energy crisis? Why are "friends" not so friendly in times of need?

Guests:
Teng Jianqun, Research Fellow, China Institute of International Studies
Einar Tangen, Senior Fellow, Taihe Institute; Founder, Asia Narratives

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