most of us, lima makes enough money to meet his basic needs and fund his education the final year. so surely, your student says his ambition goes beyond soon presses, but a strike by lecturers has put his goal of getting a muster of sciences or m as c on hold. i have addressed want to continue my emmys without finishing my physically alga. i want to know the and masters. he started his 4 year degree program 6 years ago, and he expects to have to wait longer to graduate. prolonged strikes, often lead to entire academic sessions being cancelled. while many students from struggling probably say the dispute is wrecking their studies before i actually had the sam slow, i understanding in academic activities or academic performance. i couldn't solve maybe simple questions from me, handouts, most university professors and government owned institutions here earn less than

$1000.00 a month. lectures in more than 100 public universities walked out in february, demanding better pay and working conditions. they accused the government of reneging on agreement, signed by the 2 sites more than 20 years ago. when classes eventually resume, students will find several changes. many of the professors won't be there, frustrated by the prolonged strike. many lecturers have left nigeria or their teaching jobs. some of the students i've also left enrolling in private institutions. one thing that won't have changed is quality of education in public universities in nigeria. and what had you, the electro say their strike is indefinite. government has decided to deploy the we fun of starvation. hunger to kill is intellectuals by a bi stove her. our salaries will, will summon was now the dispute is led to an exodus of nigerians students to

schools overseas. the number of nigerians granted student visas rose from around 8004 120192 nearly 626000 at the end of june, an increase of 680 percent electro say at that rate. public universities in nigeria may soon struggle to find enough able students army degrees al jazeera crew, nigeria. i had an update on our main story on al jazeera ended the queen's final journey through scotland. the 1st stage of that journey began earlier this sunday. as a coffin was moved from bar moral to edinburgh in scotland. a number of ceremonies are being held across the u. k. to honor the coin, including this one in cardiff, wales, where there was a gun salute just a few minutes ago. donna, queen elizabeth, the 2nd who died at the age of 96. her funeral will take place one sunday in

london monday rather september 19th in london. in the meantime, there'll be a number of events throughout the week, including at buckingham palace in london. will have continuing coverage here on al jazeera throughout the day and in the coming days. we hope you do stay with us. thank you very much for watching ah winning in soaring energy prices, european countries are facing and unprecedented gas shortage. leaders have contingency plans, but all they enough to get through the winter. i will the e put in place a long term energy strategy. this isn't 1st ah

ha, walk into the program. i'm iran, con european energy ministers have failed to agree on a plan to cap a russian gas prices at an emergency meeting in brussels. the session aim to consider how to shield households and businesses from soaring energy bills. but the stalemate has cast doubt on whether the proposal go ahead. e energy commissioner called re simpson says countries heavily reliant on russian supplies fear. they will be cut off altogether. president vladimir putin had earlier threatened to make europe freeze this winter if a cap is agreed. russian supplies currently make up 9 percent of each gas impulse down from 40 percent before its invasion of ukraine. european council president

charles michelle has tried to reassure members. he says we need to remain calm, we must not. busy let ourselves be intimidated by threats from the kremlin. and he goes on to say we need to diversify our energy sources and supply sources. because we see that russia is not a reliable actor. in the u. k. however, the prime minister announced a cap on energy prices to protect consumers. let's draw says the average annual household bill for gas and electricity will be limited to 2 and a half 1000 pounds as around $2900.00. and i can tell the house today that we will not be giving it to the leader of the opposition. oh, for this to be funded through a winful task that would undermine the national interest. by discouraging the very investment we need a present putin's threat increases the likelihood of energy rationing in europe this winter. and let's say august was

already the most expensive mom on record for energy tariffs. on the continent, prices in germany were more than 35 percent higher last month compared with the same month a year before. france recorded a small increase with cost rising a little over 22 percent. and in italy, the prices jumped nearly 45 percent in netherlands. the energy bills were a record, a 151 percent higher in august this year, than in august 2021. ah. let's bring in our guess san dream dixon. declare is an energy, climate researcher and co author of earth, rural, a survival guide for humanity. she joins us from brussels. hive. moffatt is the founder of the u. k. energy security group and a former u. k. government energy advisor. he joins is for london, and in his we're in turkey. we have managed a gucci. who is the chairman of the london energy club and a former director of british gas, a warm welcome to you all. i want to begin in london with clive moffatt,

clive or what the british government is doing is capping energy prices at $2900.00 . that's obviously going to be a great help for the british people. and it's something that maybe other governments will take on as well, but the cost of this long term is said to be about a $100000000000.00. is this feasible? to be honest with you know, in the last month again, the border is increased by over 30 percent. i think this is quite frankly is this level of the market intervention and the price is not just deployed. and i think there's other ways that could be achieved there are problems with trying to like help household through the price making them especially when you don't control wholesale prices. i don't think price mechanism should be used to the welfare

money is there some government have to do something, and this is something that seems to be the easiest option given the russia isn't playing ball. is this a good option? do you think? well, i mean whatever you excite because you wednesday, if i called it yesterday, i mean whatever method in the end of the day is very create the response, right? and in this regard, i don't see that there's much hope we are talking a lot about possible solution. you know, from diverse sources winful profit also reduction of consumption. but these are all medium low measures. we need to, if you have it all and very bad winter coming and russia has

eat in their hands right now. they are providing only one person of the yoga as opposed to 40 percent before the iraq. and now if you have the f one rushing does, it will hopefully be why nothing will be there and you is not to it or this was so i think it's very important to see the big picture. and i'm looking that you leaders are seeing the big picture of course medium term. we can build a need european and are just by our renewables to diverse asian rule. just savings and the i don't you name it. but after you, i will have a new pipeline coming, but i think the key challenge to keep european household and in the us be happy and not to lose the competitor in the world market is to pick the most important

challenge. value is the market liquidity because if $1230000.00 is not injected into our generators. and also i think we only to see if, if a lehman brothers in an arching dusty very suit. so i think they have to act very, very quickly. rather than dealing with the degree, well that's bringing sandrine has hundreds and energy climate researcher, surely august to saying we need a quick fix solution, but surely quick fix solutions. a walk has got us into this problem. in the 1st place, we need a longer term solution on energy reliance from one large are provided like russia, but needs to change. surely. i, i'd like to build on that and you're absolutely right. i do agree that we need short term leavers and those short term leverage however, can not actually make us backtracked on our long term objectives. as was just said,

it's going to be difficult in the next few months. and we have to think through what are the buffers that we're going to give the price caps ensuring actually that we also work with consumers through energy efficiency measures. and that we reduce our demand. i think it's a good thing that we've shifted from 40 percent to 9 percent in terms of our dependency on putin. i do think that we need to be very careful that we don't set up further unholy alliances and substitute our dependency on russia with other dependencies outside of europe. so we do need to address the dysfunctionality of our current relationships, geopolitically with regard to energy, but also very much address the infrastructure at the european level and the market signals that we're saying also the decoupling of the market from gas prices. this has been one of the key issues that we have seen and we need to start to address. how do we actually invest in

a european market that truly does foster much more capital for renewables, build that infrastructure as fast as possible. and in the mean time, ensure that we actually buffer consumers, we can enable tax incentives as we're seeing, we're going to have to proceed with some type of energy check. the other conversation that i just recently had with the european investment bank and also with the european central bank is how can may help, how can we, in, i enable short term loans. that actually could probably address some of the city level disruptions, transport, poverty, and energy poverty. the consumers are going to see whether it be in buildings or whether it be in the transport system. so we have a lot of tools in the tool box and my key council to the european commission. and actually president vander lion just this week has been do not backtrack. now it is

the dis, functionality of the markets that we show very clearly in our book or for all her survival guide for humanity. this dependency on too many short term suppliers which will get us in a future long term mess. and so we need to think about how we properly invest and give the signals to investors to continue to move towards renewables. and demand side management efficiency measures are the one your thoughts on this as well. but i want to go to amendment and as mayor 1st, what's your reactions about? well, i also think that good luck is because this crisis my prisoner as well. we all be working long to make the transition from a green energy as quickly as possible. we have the goal of 2011. this is quite a bit, but perhaps in this crisis, no matter how we are going to solve it in the next few months and 3 years might be

perhaps pushing out words to create your transformation. because we have not and the commission and most of european union can be agreed that they will stick to the green deal when we change goal. and they will know bill to green fields and they don't want to commit to gonna go beyond the next 2 years because this will take at least 3 years. and therefore, will have this might be presented as an apartment d to work together. creek in the pace of transportation doesn't issue. i think the previous speaker said, well, money matters agree wherever you put the money transformation globally in this direction. over the past few years, we saw that almost 3 or the investments are moving to renewables. but now don't forget, we feel concealed. 83 percent is built in our global and i should be

and you cannot move from the greenery very quickly. so it's not transfusion, i think we have this process. that's the reason why i'm of the destruction about taking place. and our issue is whether the lemon rather type or less of energy companies are they can be avoided and how this companies will be transport. let me bring the thing when i went ahead on this as well. the example of lehman brothers, which is mentioned we've seen we sorry if you just me a 2nd a lawsuit question or in my actually focus things lightly. we heard the example of lehman brothers here. ah, now bulb in the u. k has already failed, and that's been a very costly bailout for the government. is there a way the market? clive can actually act positively. this is, i think we've got, if we were in danger here, confusion show on long term issues. just like to reiterate what the las vegas says

about gas. you might have a like, what about the russian gas for the point is that gas, per se, is something that you're a continue to depend upon both of you to be for some significant number of years, probably 10 to 15 years. the other issue i like to focus on trying to separate out sure to the directions on the short term europe has 2 problems. one is to mitigate the impact to the potential energy ration on industry and, and she was on the other is to try and help those families. those households who are spending a disproportionate amount of their income on energy and could do this from hell. you've got to bear in mind the large extent for most of household growth western europe the past. this is a problem for some people, but it's not

a crisis. the whole intervening the markets to pay the wholesale prices. all retail prices is grossly expensive and they effectively underpin suppliers is money to people. you don't who don't really needed supplies, get basically get financing henry cars from the been and the consumer is left with possibly a higher price than they are necessary do. and it also potentially a problem is you could have that in mind that the current supply cos break even full energy and no c gas is less than half the forward retail price for wholesale gas. now i'm in is economist, and i've been around many issue a long time and you can expect that there will be. and i'm not the only one who thinks there's some form of correction. despite the de,

the speculation in the market about whether putin will turn off all not free. so i think we have to look at that and say, well, if we go in and intervene the market, the way that there's trash as was a danger, we preclude the adjustment that might take place. certainly by the 1st quarter of next year in terms of both feel prices. so i can understand ministers in europe reacting in the way that they have. and i think they are quite rightly concerned because one of the biggest stretch of trying to pay wholesale gas is if you're running short of gas, say, and then you have to huge. you have a huge impact on industry and assume us, let's say, in all of us debate, there's been a lot of too much emphasis on price and not enough on a proven flexibility of gas supplies and liquidity in both the gas, the electricity market. i mean, that's a long term issue that

a lot of love to speak as mention about investment in renewables right now. there is a way what we need to have here is a farm. here. we don't have a coherent approach. never had from russell well from london. i can hear it approaches to walk. in fact, is a viable alternative. in many cases, a lot of the technology is being talked about simply on bible at this point in time . because everything you've just said points to, and there's one a bit of what you just said. what kind of stuck out to me is that not everybody will be affected by this. there are some people who won't actually pay that much more, but it's going to be the poorest people in europe that will be affected. and that's a political problem. i want to bring san dream and hit. there is a political aspect to all of this, right? those pull people, they do need help. absolutely, and again, the research that we've been doing in the analysis that's come out of our system

dynamic modeling, which is featured in earth for all. and then the stress testing we've done with economists. and this is even prior to the ukranian crisis has been very much that we're going to have social tipping points before we even have environmental tipping points. if you look at the compound effect between cov it clearly and, and the climate impacts that we've seen across europe. which have already had re, have wreaked havoc on the production and yields of agriculture. and then you bring in, obviously the ukranian impacts both on food and energy plus inflation. all of this is hitting at the same time. that's why we cannot actually address this in a vacuum and only think about the gas market. we have to start thinking about the perversity within our you can be economy, which includes subsidizing actually large scale industrial production, subsidizing fossil energy, not ensuring that we have a proper price differential to enable the most vulnerable to be able to continue to

heat their homes in addition to the way in which we look at the electricity market and we've already got those types. i mean i, i agree that there needs to be absolutely more flexibility in the electricity market. but the fact that we have actually not decoupled the market between renewables and gas, and they clearly it is the gas price that continues to put a high price on other sources of energy is totally dysfunctional. so we have to look at the full picture. and as i indicated before, we do have tools in the tool box. we're going to have to go into crisis mode. we are in a crisis, we needed a planet, we need an emergency plan, as anyone does when actually the house is burning and europe is going to unfortunately be hit very hard over the autumn and the winter. there is no doubt that there will be some suffering and there already is by our citizens need to make

. i want to, i want to bring it in is there's a crisis, ma'am. it says august in brussels, something needs to be done. is that something making nice with ludovic putin? well, i mean, the last thing it is not dealing with, right? because the what the or, and i would be more with them. do you want to be know each member company has the own, inquire and need a pro depend 8 to 5 person on nuclear kind of person on either john pick to remain respect. whereas germany, which is the day normal or the next, or needs more energy and cheap. and if you look at will, i'm going to just find an agreement with a price point 8000000000 creek. why is and we're getting rushing.

so i think there's going to be huge crack, lee, how to support the most wonderful in you, but within the european union, i think there's a way to serve it, set this up real quick and just say as well, dealing with the we and why get you repeat union, even the poor l n g, you know, they have big and then g receiving terminal. and they tell you more got and tended pipe my pipeline way of germany from rejecting the and then 3 totally perhaps, you know, i'm jerry, you know, living. i mean, i'm going to turn on also ship. it is not a big long time, but that will expand also come up and bringing the b. john, what will happen? iran, on the other hand, when i talk to official b, germany recently, they told me that we don't need 2 years from now. there is got to like now if we don't buy long term contract, nobody is invested in them. then you've got so that means the restructuring of

running out. we're sorry, we are running out of time and i do want to come tomorrow because i want to bring clive. you are a former u. k. government advisor. how much of the advice that you gave to the forward government was political nature and how much, how much of it was just simply economics and politics a consideration for you? yeah, my, one of my arguments is being the politics is go in the way of energy before too long and maybe the time has come. so i did raise the issue when i advise new directive in brussels in 2000 and bought that issue. may me need to set up an independent energy advisor, energy group, if you're like outside of the government to take a long term planning decision that being referred to about the company is ation.

just like to mention the point that the market became both locked into the game broken in europe. once governments decided to bomb the job and i station generation little cars. i'm going onto the married or the system to play without taking full account to the individual. seeing the costs associated with that. what he did was marginalized gaskin or ation. so in the situation, one of the crisis that ministers in europe are having to deal with now and are dealing with the bank of england is to make sure was adequate funding available. so the gas generators can actually hedge wal, against the speculation, further speculation in the price. otherwise they could cease to produce and that was some big exacerbate turn, the lights out. so no politician on the lines going out when they're in charge and certainly not a new prime minister. so, situation where we have to totally agree about the need to play guidelines.

national signals for long term investment in low comp and generation. but we are away from the, i argue strongly in 2005 in russia, brussels to actually not have a emissions trading scheme to have a single long term trajectory for bob. let me bring in san drain. has andrea, we're talking about this idea that that needs to be a separate mechanism, a separate institution that deals with energy crisis like this. is that a good or did you think? i completely agree and i would actually add, and this has been one of the proposals that i've been making for a while that we need a food stability for. we had a financial stability board. we need to address energy stability. and i do think that we d new need to put in place some type of mechanism to enable that to happen. this comes back to ensuring that we have flex of the flexibility also in the market. i

also very much agree with the comments on the smart spot market and the fact that we have to address p p a's long term contracts. this is incredibly important. busy it's also very important for industry by the way, who also are suffering very clearly from this and the way in which the metals industry and some of our high carbon industries are really going to have difficulty over the autumn. and the winter has already been very clearly expressed. so we do need to enable the possibility for our industries to have some security in terms of long term prices. we need to give that same sense of security to the investment community and in particular, to start to put in place that transition plan towards renewables. a lot of that is pricing. i fully agree in terms of a carbon price. we should have a much higher carbon price. we also need to start addressing again the elephant in the room and go back to looking at carbon taxation rather than just thinking that

the emissions trading scheme is going to help us and truly create the transition that we need. i will thank all our guests. i sondra and dixon declared that clive moffatt and memory. i'll get you and i want to thank you as well for watching. now you can see the program again any time by visiting our website out, is there a don't come out for further discussion? go to a facebook page at facebook dot com forward slash ha inside story. and you can also join the conversation on twitter handle his at ha, inside story from me m ron count. and the whole team here. my for now. ah. ah.

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