PARIS/BERLIN, April 14 (Reuters) - More than three years after Russia’s invasion of Ukraine, Europe’s energy security is fragile. U.S. liquefied natural gas helped to plug the Russian supply gap in Europe during the 2022-2023 energy crisis.
But now that President Donald Trump has rocked relationships with Europe established after World War Two, and turned to energy as a bargaining chip in trade negotiations, businesses are wary that reliance on the United States has become another vulnerability.
Against this backdrop, executives at major EU firms have begun to say what would have been unthinkable a year ago: that importing some Russian gas, including from Russian state giant Gazprom (GAZP.MM) could be a good idea.
That would require another major policy shift given that Russia’s invasion of Ukraine in 2022 made the European Union pledge to end Russian energy imports by 2027.
Help Canada ship its LNG to the East coast and it’s yours, EU.
There are going to be so many abandoned recently built LNG terminals in a few years.
Anything but decarbonizing our processes …
Do not forget about the alternative, promising to do nuclear so fossil fuels have another 10 years!
Germany dismantling working nuclear plants and then planning new ones is a sight to behold.
It was a campaign stunt, they already admitted they can’t realistically do it. Good riddance.
From an American who’s aghast and infuriated at my own government: please, don’t.
It’s not like they have much of a choice. The United States has proven that it will be an unreliable energy source from now since our political system has proven that it can’t keep out isolationist, self-interested fascists and they don’t have sufficient energy resources of their own.
Their only alternatives are either Russia or restarting colonization to take away the energy resources the middle east or Latin America by force like they used to do.
restarting colonization
It never ended to prompt “restarting”, though.
the colonies they have now are revolting successfully; hence having to restart it.
on second thought, fair enough. Very glad to see it happening, here’s to hope more countries break the chains…
Or maybe stop using fossil fuels? The best time was 20 years ago, the second best time is now.
the place that’s capable of providing renewable technology at the scale they need and stable enough to rely upon for economic viability is china and both the eu and the united states have already blocked such technology; that’s why it’s not on the table for them and also why the united states wants canada and greenland now.
Seriously - take a page out of France’s book, and then also invest in renewables. There’s gonna be a shitty transition period, but now is the time for strategic thinking around energy policy.
france relies heavily on nuclear power and the fact that they’re losing control of their colonies in africa has forced them to switch the caucuses; proving that they have a vulnerability and that was making them re-embrace fossil fuels as a result.
