The recent news that Nord Stream 1 has resumed flows into Europe will ease some of the supply shortage fears heading into the winter for us all and have associated knock-on effects pricewise.Although back flowing, the EU commission has urged countries to cut gas use by 15% over the next seven months to reduce reliance on this source of gas in Europe. How practical such a request is remains to be seen, with limited short-term options available to change tact and winter looming.Prices are not coming down anytime soon and as recent extreme weather events have shown us, climate change is here, and we need to make swift changes now to limit its impacts.Considering where we are at in the energy transition, a fundamental shift has occurred in how sovereign nations and the wider EU treat energy security in the face of decarbonisation. The EU reacted with REPowerEU: Joint European action…