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Calls grow for renewables and public control as energy crisis deepens

newsApr 8, 202611690

Global fuel shortages and rising oil prices driven by Middle East conflict and supply chain shocks have deepened an energy crisis. Governments face severe economic strain, with Germany posting a 127.3 billion euro 2025 budget deficit on par with the 2022 energy shock. Campaigners and experts are urging faster renewable deployment and public ownership, while some politicians push more drilling and several countries are increasing coal generation. This matters because renewed reliance on fossil fuels raises costs, undermines climate goals, and leaves consumers exposed to geopolitical supply shocks.

Key Highlights

Germany recorded a 127.3 billion euro budget deficit in 2025.
Madagascar declared an energy emergency after Middle East conflict disrupted fuel supply.
Countries are increasing coal power, risking a major setback to climate goals.
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