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Europe's Electricity Crisis Grows With Alexander Stahel

Lead-Lag Live

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Europe's Electricity Crisis

CNN's John Defterios takes a look at the European electricity crisis. He says it is driven by lack of gas flowing into Europe, which has led to higher prices. But he also argues that there are good reasons for high energy costs in Germany and other EU countries. The U.S. doesn't have similar laws on CO2 emissions as China or France do; this could lead to more price hikes if they don't comply with climate change regulations.

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