The historian Barbara Tuchman famously compared European civilization before the First World War to a “proud tower” but showed how that tower was more rickety than those at its summit imagined. The pride was overdone, the hubris all too real.

If Europe today can be symbolized by a similarly proud tower, one candidate might be a giant North Sea wind turbine in September 2021, its blades barely turning thanks to winds that had dropped, unexpectedly, for weeks. This unproductive calm had led to a scramble for other sources of power to remedy the shortfall. But the price of one obvious alternative, natural gas, was already soaring (the European benchmark, Dutch front-month gas, was around five times as high as it had been two years before)…