And that sea change is also reflected in the very different conversations heard in Davos recently, compared to the woke, green, globalist mantras of the past. Yet now “a new clean energy security pact with the EU” has been agreed at a North Sea Summit in Hamburg, which Miliband claims will “transform the North Sea into the world’s largest clean energy reservoir”.
This attempt to boost the “green economy” with “100 GW of joint offshore wind projects” in international waters therefore looks more like a Grand Projet to salvage the EU and its flagship policy in the face of signs of the looming failure of both.
The pact is inaugurated by an article in Politico jointly penned by Miliband and Denmark’s Dan Jørgensen, the European Commissioner for Energy and Housing. The article treads some very familiar ground. It cites the geopolitical “uncertainty” seemingly created by Russia’s invasion of Ukraine, which “sent global gas prices soaring”.
The claim is that renewable energy will create “energy security” by removing the economy from the “volatility” of “global markets”. This is Miliband’s now very boring routine – a ritual even. “Exposure to fossil fuels remains the Achilles’ heel of our energy systems,” claim the pair, citing European Commission President, Ursula von der Leyen’s belief that “as our energy dependency on fossil fuels goes down, our energy security goes up”....<<<Read More>>>....
