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like china and a part of this is to do with moving to net zero. everyone in the world has decided that gas is their. transitional fuel to - get there, at the same time, and that means that_ everyone is going, - there is a dash for gas. this is absolutely crucial, - lots of countries which rely on gas to make electricity are seeing this, the government here is under- enormous pressure to try and figure out what to do about this. _ there have been different measures, france, i think they have been- giving out 100 euros tokens - and in spain they have removed vat. all of these options - are out there, including some sort of bailout for— the industry to try and smooth i the spike over time, but i think actually this is in many ways more of a political emergency and an i international one, because it is not unconnected to what is going on in| ukraine or certainly the things that people are talking about is not - unconnected to the relationship with russia at this time and perhaps we i can discuss that. this is a really, really serious issue at the moment. - we will discuss that in a minute. marc, you are an economist, what

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