3min chapter

Cleaning Up: Leadership in an Age of Climate Change cover image

Checkpoint 2023: Energy Efficiency Investment - Ep113: Jonathan Maxwell

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

Is There a Plan to Go Net Zero?

I think right now as we're sitting here today, gas prices in particular, which is the biggest drive of energy prices sitting at levels that we haven't seen since before the Russia-Ukraine crisis. Europe has run very, very high levels of storage through the winter with relatively mild winter. And I think the combination of that storage being released and the fact that we no longer have access to Russian gas means that there's upward pressure again coming back on to European energy prices. I'll be even more risky here and say that I fear that that higher energy price environment will catch into the United States. The concept of a reducing inflationary environment may persist longer than people would like to think. So

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