German energy authority is clear that 2023-24 winter is going to be tough road to travel as gas shortage cannot be ruled out with industries not doing enough.
Due to the shortages witnessed because of Russian export dips, the prices of the European Natural Gas are expected to more than double by the end of next year.
The sudden haste to cover the energy needs of the future looks to be putting an unjustifiable stress on Europe with the risk of wasting huge sum of money.
Net Zero Asset Owner Alliance is of an opinion that its members do not commit any fresh direct investments in new upstream oil and gas infrastructure projects.
