Energy Crisis Has Europe Staring Down Its Own ‘Lehman Moment’
One energy company official said government bailouts will be necessary, and that a $1.5 trillion estimate of the price tag is ‘conservative.’
A pro-nuclear activist demonstrates outside the European Parliament at Strasbourg, France. Europe is staring an energy crisis in the face. The cause: Russia throttling back supplies of natural gas. AP/Jean-Francois Badias, file
