Meaningful reform in the European Union has historically taken a crisis, and this winter seems ripe for energy policy. As with the euro crisis a decade ago, though, a quick political compromise could risk leaving the job half done.
The EU’s energy ministers held an emergency meeting Friday to agree ways to calm the storm of gas shortages, nuclear outages and drought hitting European energy markets. The ministers asked the European Commission in Brussels to draft a host of emergency measures for next week.
