BRUSSELS — After years of reducing its reliance on Russian gas, the European Union is moving to turn off the taps completely within the next two years.
The European Commission (EC) on May 6 presented a detailed roadmap to fully sever the European Union’s energy dependence on Russia by 2027.
Energy Commissioner Dan Jorgensen struck a defiant tone when announcing the plan: "No more shall Euros go into (Russia’s) war chest. Your gas will be banned. Your shadow fleet will be stopped."
The plan ha
If we actually manage to pull it off it’s a pretty decent disincentive. Invade neighbor for resources? No one will buy those resources from you.
Obviously not sufficient on its own, but seems like a good place to start.