Europe faces Catch-22 on green energy transition – expert ...News

Russia Today - Economy
Europe faces Catch-22 on green energy transition – expert
source : Russia Today ( News ) () 36
Environmental goals and solving the cost-of-living crisis may be incompatible in the short-term, a business school professor says The surging energy prices are a major factor in the skyrocketing inflation and food prices across Europe, Professor Samir Dani from Keele Business School told the Daily Express on Sunday. He warns of a ‘Catch-22 situation’ in balancing Europe’s climate goals and bringing down inflation and food prices, which are linked, in part, to oil and gas prices. A ‘Catch-22’ generally refers to a paradox in which a solution is denied by the problem itself. “At the moment, it’s an emergency situati

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