Could Europe turn off Russian gas?
The Ukraine invasion is forcing the European Union to completely rethink its energy policy.
Tamasin Ford asks how easily the continent could wean itself off Russian fossil fuels. After all, Europe's oil and gas purchases from Russia helped to fund this war in the first place, according to Kristine Berzina of the German Marshall Fund in Washington DC.
The immediate task is to slash dependence on Russian gas before winter returns in nine months, and Simone Tagliapietra of Brussels-based think tank Bruegel says that is doable. However, it's a much tougher task to stop Russian oil exports, according to Jason Bordoff of Columbia University, given that oil - unlike gas - is an integrated global market with many buyers.
Nonetheless, there is optimism that the invasion mark a turning point in the Western world's transition to carbon-free energy. Although Rosie Rogers of Greenpeace fears that in the short term, the scramble to turn off the gas pipelines could actually see European carbon emissions increase.
Producer: Laurence Knight
(Picture: Frozen gas pipeline valve; Credit: Getty Images)
You May Also Like

Datasets
Visionary

The Property Academy Podcast
Opes Partners

The Lucy Ann Lance Show
Cumulus Media Detroit
Honest Ecommerce
Shopify Expert Chase Clymer

CNBC Business News Update
CNBC

Børsmorgen & Økonominyhetene
Finansavisen

Fox Business Hourly Report
FOX News Podcasts

List Building Lifestyle With Igor Kheifets
Igor Kheifets

Inteligencia Artificial para Emprender
Borja Girón

Onramp Bitcoin Media
Onramp Bitcoin
Community discussion