Spiking energy prices in Europe are tied to an increased reliance on renewables and lowered investments in fossil fuels, according to energy expert Robert Bryce, who argues that the continent’s green policies provide the United States with a clear example of how not to proceed.
Bryce, who made his remarks in testimony to the Senate Committee on Energy and Natural Resources (ENR), also attributed rising prices to overreliance on Russian natural gas as well as Europeans “prematurely shuttering coal and nuclear plants.”
