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Home Business

EU proposes voluntary 15% cut in gas consumption

CNBC Television by CNBC Television
August 21, 2022
in Business
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EU proposes voluntary 15% cut in gas consumption
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CNBC’s Brian Sullivan joins ‘The Exchange’ to report on the European Union’s proposal of cutting down its gas consumption by 15% as it seems Russia is likely cutting off the flow to Europe. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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Comments 29

  1. Will Berry says:
    3 years ago

    Germany put themselves right into this spot

  2. lp says:
    3 years ago

    CNBC: Inflation has Peaked. It's already priced in…
    Also CNBC: Europe is forcing it's population to cut gas use by 15% because of Putin.

  3. explorer 02 says:
    3 years ago

    They could think outside the box how about opening all cinemas half price be cheaper to heat that 100s of homes.

  4. j loos says:
    3 years ago

    as planned…..

  5. Gary White says:
    3 years ago

    Germany inflicted this on their own people, very sad

  6. Don Hall says:
    3 years ago

    Okay let's turn off all the power plants and then b** about why we have no power you people make no sense at all

  7. Tuan Le says:
    3 years ago

    Why they don’t buy oil from China because China bought it cheap from Russia?

  8. 정의구 says:
    3 years ago

    Trump warned this, but Europe just laughed at him. I hope they at least learn something from this pain.

  9. BNBTC CRYPTO ALERTS says:
    3 years ago

    Well said Brian. UK energy bills up 30% every 3 months, October then January 2023 rises further. Honest news coverage as always. Great content on CNBC YouTube channel.

  10. Sam Walton says:
    3 years ago

    Time to fire up the coal and Nuke plants. Go green Europe!! 👍😎

  11. Elina Kaira says:
    3 years ago

    🙏🙏🙏🇷🇺🇷🇺🇷🇺

  12. Elina Kaira says:
    3 years ago

    🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺🇷🇺

  13. Nnanna Gift says:
    3 years ago

    not quite easy on the EU regarding the dispute in the continent, but cloud mining on top exchanges like gateio would effect a better result.

  14. CensorshipAgainstThe MiddlePath says:
    3 years ago

    Please explain why rhetoric used when the west imposed sanctions on Russia was so docile but when Russia responds its “they’re weaponizing their energy advantage?”

  15. georgiebest ManUtd says:
    3 years ago

    Sully better get used to kalt showers

  16. Luther Steinboch says:
    3 years ago

    The EU & US brought this energy problem to themselves by emotionally (and without practical and commercial analysis) imposing economic sanctions on Russia for the latter's "special military operations" in the most corrupt country in Europe, Ukraine, to: a) get rid of46 or so "bio research labs" funded by the Deep State that threaten possible spread of deadly pathogens on Slavic nations and the world (similar to the "COVID-19 virus"); b) annihilate the neo-Nazis that have infiltrated the Ukraine government and conducted atrocities and genocide in the Donbas Region and Southern Ukraine to eliminate Russian-speaking Ukrainians; c) eliminate the international drugs & child/human trafficking syndicates in the country; and d) stop the money laundering activities of the Deep State in that country.

  17. the thinking Man says:
    3 years ago

    hopefully the gas gets cut off and that will be the end of global warming and all the species will survive again!
    yes some people will complain if its a cold day but they should think of what they have done to all the animals!

  18. SAMMIT says:
    3 years ago

    Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds..

  19. Isoroku Yamamoto says:
    3 years ago

    Thought EU should appreciate Russia more for providing them with cheap source of gas for running their economy more cost efficiently and lower cost of living for so many years? Perhaps they will appreciate now after paying much more for other alternatives?

  20. Vasili YT says:
    3 years ago

    Germany decided to close ALL Nuclear energy plants to be "greener"🤣& be totally depended on Russian Gas (former German Chancellor Gerhard Schroeder is for years CEO at Gazprom!!!). They also actively hindered major projects from other countries in the EU. For example the EastMed gas pipeline project for many years. A joint project by Greece, Cyprus & Israel. So they could push the German/EU backed Nordstream 1 & 2. That would gave, as Merkel thought, even more power inside the EU over the other countries. Now that their plans got destroyed by their own stupid decisions, the rest of the EU has to minimize it's consumption to support Germany's ridiculous high demand on GAS.

  21. Seena Abedi says:
    3 years ago

    Good reporting. Thank you.

  22. tt says:
    3 years ago

    Sanctions 🤣🤣🤣🤣🤣🤣🤣

  23. tt says:
    3 years ago

    Trump was right .

  24. Jim Miller says:
    3 years ago

    EU muppets sanctioning themselves

  25. Grzegorz Drankowski says:
    3 years ago

    「もっと多くの人が必要なので、このビデオをもっと

  26. Percy Qshun says:
    3 years ago

    EU GET OUT OF IRELAND.
    GET OUT NOW.WE HAVE ENOUGH OF YOUR LIES.
    TAKE ALL YOUR PAID OFF POLS .
    GO TO THE DEEPEST PART OF HADES AND WAIT AT THE BANK WITH NO MONEY.
    MY PAL WILL THROW YOU OFF HALFWAY EVEN IF YOU PAY…

  27. shelly white says:
    3 years ago

    I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.

  28. Jude O says:
    3 years ago

    European Union (EU):
    "We will crush you with our sanctions and isolate you!"

    Russia:
    "Let me help you, I will shut the oil and gas supply, that way I won't receive any more of your money."

    EU: **in a whiny childish voice**
    "Stop it! You are being mean. You are hurting our economies by 'weaponizing' oil and gas, you evil country. Why can't you just stand there like a punching bag and let me hit you? Don't you know we're morally superior than you?"

    US: "fear not EU! We can supply you less oil and gas for almost twice the cost of Russia (at full market price, of course).

    Russia: **drinking a hot cup of tea**
    ….

  29. Gandalfwiz2007 says:
    3 years ago

    Nazi Germany again is active. Ursula von der nazi will steal everything from you

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