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Europe’s Energy Crisis Was Created by Political Interventionism

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Europe’s Energy Crisis Was Created by Political Interventionism
European Commission President Ursula von der Leyen addresses a media conference at EU headquarters in Brussels on July 20, 2022. Virginia Mayo/AP Photo
Daniel Lacalle
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Commentary 

An energy policy that bans investment in some technologies based on ideological views and ignores security of supply is doomed to a strepitous failure.

Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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