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North Africa Can Reduce Europe's Dependence On Russian Gas By Transporting Wasted Gas Through Existing Infrastructure, Mark Davis, Perrine Toledano, Thomas Schorr

Columbia Center on Sustainable Investment Staff Publications

Russia's war against Ukraine is a wake-up call to reduce Europe's dependence on Russian oil, gas, and coal. It is also a defining moment to accelerate the energy transition to a net-zero society with more supply diversity, energy security, and resilience. Europe needs to massively invest in a cleaner energy system. In the short term, this crisis should accelerate our focus on reducing waste gas from flaring, venting, and leaking – some 260 billion cubic meters (BCM) globally or 1.7x that of the European Union's gas imports from Russia. By capturing gas from flaring, venting, and leaking in North Africa, …