'Firewood is the new gold' - prices and theft jump in Europe as Russia's gas cutoff boosts wood demand ahead of winter
Brian Evans
Mon, September 19, 2022 at 3:08 PM·2 min read
Europe is turning back to firewood for heat this winter as Russian gas goes offline
Europe is turning to firewood to offset the loss of Russian natural gas supplies.
A report from the Washington Post says soaring energy costs are pushing Europe to burn coal, trash, and wood.
"Firewood is the new gold," sources told the Washington Post.
Soaring energy prices in Europe are pushing the continent to revert to heating sources like coal and firewood, according to a report from the Washington Post.
Russia's invasion of Ukraine has upended global energy markets and forced consumers to cut back exceptionally to make up for the sharp increase in energy costs. With winter approaching, the report says, countries in Europe are facing a stark reality of rationing, thievery and a reliance on wood.
https://finance.yahoo.com/news/firewood-gold-prices-theft-jump-190836594.html