European Commission (2022): Annual [https://ec.europa.eu/docsroom/documents/48877]  Single  Market  Report  2022  10. Eurostat (European Statistical Office) (2022): Energy production and imports 11. European Environmental Agency (2022): Share of energy consumption from renewable sources in Europe [https://www.eea.europa.eu/ims/share-of-energy-consumption-from] 12. European Commissioner for Climate Action, Frans Timmermans, at European Parliament hearing. [https://www.rechargenews.com/energy-transition/europe-is-never-going-to-be-capable-of-producing-itsown-hydrogen-in-sufficient-quantities-eu-climate-chief/2-1-1212963?zephr_sso_ott=YkOESk] 13.
Almost all the examples of financial distress mentioned so far occurred before stress in the commercial banking system became acute, and in most cases well before. For example, only three commercial banks failed in the United States in 2007, and commercial bank distress did not peak until the end of 2008 and later.