Lord Turner On European Energy Transition

The transcript discusses Europe's energy crisis, focusing on the transition from coal to renewable energy sources amid the cut-off of Russian gas. It highlights the challenges of balancing short-term coal use with long-term renewable goals, the investment landscape for renewables, and the inflationary impact of energy transitions. The role of nuclear energy and the dependence on China for solar panel production are also examined. Finally, the transcript touches on the debate over corporation tax in the UK.

What challenges do power companies face in balancing short-term and long-term energy strategies?

How does the speaker differentiate between dependence on Russian gas and dependence on Chinese solar panels?

What role does nuclear energy play in the future energy landscape according to the speaker?