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Oil, Gas, and Energy

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Bring On The Heat, Renée Stoute Jul 2023

Bring On The Heat, Renée Stoute

The Journal of International Relations, Peace Studies, and Development

According to the World Economic Forum, in retaliation to European Union sanctions and embargoes, Russia cut EU gas flows by around 80% between May and October 2022 (WEF, 2022). The EU, in turn, has had to not only reduce energy consumption within the public and private sectors but has also scrambled to find energy alternatives to compensate for its energy shortcomings. However, due to the EU’s rejection of Russian oil and gas, there are now opportunities to embrace more sustainable energy alternatives quicker than previously expected. This could lead to a faster transition towards the use of cleaner and more …