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Russia's war in Ukraine has left European governments scrambling for new sources of oil and gas. This week the European Union, Israel and Egypt signed a tripartite natural gas deal. Rome and Tel Aviv began similar talks. Europe is desperate to wean itself off Russian fossil fuel dependence and this is how they are going about it. #RussianGas #EU #EnergyCrisis Subscribe: 🤍 Livestream: 🤍 Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 Visit our website: 🤍
How Germany got stuck paying for Russia's war. Subscribe and turn on notifications 🔔 so you don't miss any videos: 🤍 Since Russia’s invasion of Ukraine, the EU has sanctioned much of Russia’s economy, but Russia’s natural gas trade remains untouched. The EU gets nearly a quarter of its energy from natural gas, and almost half of that comes from Russia, the world’s largest gas exporter. As the EU’s largest economy, Germany is Russia’s biggest customer, paying Russia’s state-owned gas company 200 million euros. So while Germany has even sent Ukraine weapons, in a historic shift of military policy, through its gas supply Germany is helping to pay for the war it’s trying to stop. It’s inherently hard to pivot away from piped gas. Unlike oil and coal, which can be rerouted, gas pipelines cost billions, take years to build, and physically connect producer and buyer directly, making them long-term commitments. That was the origin of Germany’s dependence on Russian gas, and over time it’s only deepened. Today, as the world tries to punish Russia through sanctions, that dependence is getting in the way. Sources for additional reading: Explore the world’s natural gas pipelines (and so much more!) with the Global Energy Monitor’s map: 🤍 Check out this explorer from IEA that showcases the world’s reliance on Russia’s fossil fuels. You can select natural gas in the dropdown menu to get that specific data: 🤍 This tracker from the Centre for Research on Energy and Clean Air shows how much money Europe has spent on Russian fossil fuels since the war in Ukraine began: 🤍 This review of Power of Connection: Why the Russia-Europe gas trade is strangely untouched by politics by Thane Gustafson is a good summary of the strong link natural gas pipelines create between producers and buyers: 🤍 If you want to dive into German-Russian natural gas relations, check out this research paper by Aurelie Bros: 🤍 The 2009 gas dispute that became a warning for Europe is explained in detail here: 🤍 Here you can check out the EU’s sanctions on Russia since the war in Ukraine began: 🤍 And, finally, we recommend these two books for anyone who wants to go even deeper into the topic: Red Gas: Russia and the origins of European energy dependence by Per Högselius: 🤍 Russian Energy Chains: The remaking of technopolitics from Siberia to Ukraine to the European Union by Margarita Balmaceda: 🤍 Make sure you never miss behind the scenes content in the Vox Video newsletter, sign up here: 🤍 Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out 🤍 Support Vox's reporting with a one-time or recurring contribution: 🤍 Shop the Vox merch store: 🤍 Watch our full video catalog: 🤍 Follow Vox on Facebook: 🤍 Follow Vox on Twitter: 🤍 Follow Vox on TikTok: 🤍
One consequence of the war in Ukraine is that Europe is now scrambling to reduce its dependence on Russian energy. The price of gas was already high before the invasion. Now that Russian soldiers are in Ukraine prices have spiked again. Natural gas now costs 10 times more than at the start of 2021. Gas is still flowing through pipelines from Russia to customers in western Europe. But if the Kremlin were to cut supplies, that would cause a shockwave across the continent. One natural gas pipeline which has never gone online and probably never will is the Nord Stream 2 pipeline between Russia and Germany. Last week the Germany government cancelled certification of Nordstream 2 a step the US and other European countries had wanted for years. Subscribe: 🤍 For more news go to: 🤍 Follow DW on social media: ►Facebook: 🤍 ►Twitter: 🤍 ►Instagram: 🤍 Für Videos in deutscher Sprache besuchen Sie: 🤍 #Gas #NordStream2 #Gazprom
Russia is the third-largest supplier of natural gas in the world. 72% natural gas & 48% oil exports from Russia go to Europe. If a war happens, Europe's energy supplies could get crippled. Palki Sharma tells you how this has unnerved energy markets. #Russia #Europe #Gravitas About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for latest updates Zee News:- 🤍 Zee Bussiness:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps : 🤍
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For years now, Europe has depended on cheap Russian natural gas for its energy needs. Its industries, and in a way, the European Union’s whole economy has depended critically on Russian energy sources. The absence of Russian energy sources has now brought ruin upon European industries and the bloc’s economy. In their bid to shun reliance on Russian energy, European countries have taken several steps. In fact, the European Union is now shifting its energy reliance from Russia, to CHINA! Remember, much of the world sees China as an authoritarian country which has little to no regard for international rules. That in no way seems to be stopping Europe from hopping right into Beijing’s lap with its basket of energy needs. There are already signs of China beginning to exert political pressure on Europe. As a matter of fact, that pressure is intended to further draw Europe into Beijing’s solar energy net. Watch to know more. #china #europe #european #EU #union #beijing #jinping #ursula #president #energy #solar #cells #panels #solarpanels #renewable #green #coal #ccp #xijinping #energycrisis #energyprices #prices #shortage #fuel #oil #russia #putin #vladimirputin #moscow #ukraine #war #conflcit #donbass #kherson #crimea #kharkiv #power #electricity #referendum #dependence #depend #freedom #puppet #regime #indopacific #asia #eurasia #global #foreignaffairs #foreignpolicy #WorldNews #news #latestnews #geopolitcs #Firstpost | n18oc_world Subscribe to Firstpost YouTube channel to never miss a video: 🤍 Follow Firstpost on Instagram: 🤍firstpost Follow Firstpost on Facebook: 🤍firstpostin Music credits: BNB Productions 🤍
The EU is working to end its reliance on Russian energy products. According to Frans Timmermans, EU climate policy chief, this could allow EU countries to revisit their emission targets and introduce more renewable energy sources to their mix.
Europe is in danger of becoming reliant on China for batteries and fuel cells — with demand set to skyrocket in the coming years as the bloc tries to cut its carbon emissions, according to a European Union report obtained by Reuters. Henry Ridgwell reports. #china #fuelcell #news #voanews » Subscribe to VOA News: 🤍 » Watch more VOA News video: 🤍 Voice of America (VOA) is the largest U.S. international broadcaster, providing news and information in more than 40 languages to an estimated weekly audience of 236.8 million people. VOA produces content for digital, television, and radio platforms. It is easily accessed via your mobile phone and on social media. It is also distributed by satellite, cable, FM and MW, and is carried on a network of approximately 3,000 affiliate stations. Since its creation in 1942, Voice of America has been committed to providing comprehensive coverage of the news and telling audiences the truth. Through World War II, the Cold War, the fight against global terrorism, and the struggle for freedom around the globe today, VOA exemplifies the principles of a free press. Connect with VOA News: » VISIT OUR WEBSITE: 🤍 » LIKE OUR FACEBOOK PAGE: 🤍 » FOLLOW US ON INSTAGRAM: 🤍 » FOLLOW US ON TWITTER: 🤍 » FOLLOW US ON THREADS: 🤍
EU climate chief Connie Hedegaard tells WSJ's Vanessa Mock why the Ukraine crisis is a wake-up call for European countries to make the switch from Russian gas to clean, renewable sources of energy. Photo: Bloomberg Subscribe to the WSJ channel here: 🤍 Visit the WSJ channel for more video: 🤍 More from the Wall Street Journal: Visit WSJ.com: 🤍 Follow WSJ on Facebook: 🤍 Follow WSJ on Google+: 🤍 Follow WSJ on Twitter: 🤍 Follow WSJ on Instagram: 🤍 Follow WSJ on Pinterest: 🤍 Follow WSJ on Tumblr: 🤍 Don’t miss a WSJ video, subscribe here: 🤍 More from the Wall Street Journal: Visit WSJ.com: 🤍 Visit the WSJ Video Center: 🤍 On Facebook: 🤍 On Twitter: 🤍 On Snapchat: 🤍
Independence at any price? The European Union wants to reduce its dependence on energy supplies from Russia. In the medium term, that would be possible, although at a high price. Alternatives are too expensive and politically controversial in Germany. Made in Germany plays out the various scenarios. Report by Sascha Quaiser More from this edition of Made in Germany: 🤍
When Russia started to restrict its supplies of gas to western Europe, one of the most affected countries was Germany. The country is heavily dependent on the fuel - and initially struggled to find a replacement. Germany has not only managed to replenish its stored gas, but has also built its first terminal for imported liquefied natural gas - in just 200 days. Please subscribe HERE 🤍 #Germany #Russia #bbcnews #BBCNews
Lithuania this month became the envy of the EU when it announced it had completely stopped importing gas from Russia. It was able to pull the plug on Russian energy thanks to its investment in a terminal to import liquified natural gas, or LNG, with the fitting name Independence. Subscribe: 🤍 For more news go to: 🤍 Follow DW on social media: ►Facebook: 🤍 ►Twitter: 🤍 ►Instagram: 🤍 Für Videos in deutscher Sprache besuchen Sie: 🤍 #Lithuania #RussianGas #UkraineWar
The United States and the European Union announced a new partnership to reduce Europe’s reliance on Russian energy. President Biden explained the plan, which top officials characterized the start of an initiative to further isolate Moscow. (March 25) Subscribe for more Breaking News: 🤍 Website: 🤍 Twitter: 🤍 Facebook: 🤍 Instagram: 🤍 You can license this story through AP Archive: 🤍
Europe is staring at the prospect of economic collapse. The war in Ukraine and Russia’s weaponization of energy supplies have triggered an economic crisis in the continent. With inflation and debt at record-highs, Russia has pushed Europe into recession. Meanwhile, President Joe Biden’s multi-billion dollar subsidy programs have pulled major businesses out of Europe and threatened the continent’s economic competitiveness. The EU may be undergoing a process of de-industrialisation. HT’s Shashank Mattoo breaks down the origins of the perfect storm that has hit Europe. Mattoo explains how Russia’s energy war and America’s economic nationalism threaten to bring the continent to its knees. #Recession #EU #EuropeanUnionrecession #europeenergycrisis #europeeconomiccrisis #europeinflation #globalrecession #europerecession #europeeconomiccollapse #russiaenergyweapon #russia #putin #joebiden, #joebidenamerica #ukrainewar Hindustan Times Videos bring you news, views and explainers about current issues in India and across the globe. We’re always excited to report the news as quickly as possible, use new technological tools to reach you better and tell stories with a 360 degree view to give you a better understanding of the world around you.
How can EU nations quickly reduce their reliance on Russian gas and oil? That’s the core issue of this expert panel discussion that brings together Zanda Kalniņa-Lukaševica (Ministry of Foreign Affairs, Republic of Latvia), Sven Mikser (Member of the European Parliament) and Oleksii “Alex” Riabchyn (Energy and EU Green Deal advisor to the government of Ukraine). The panel was moderated by Cathryn Clüver Ashbrook (Global Public Policy Institute) and co-curated by the Munich Security Conference. In response to the Russian war on Ukraine “we’ve seen an extraordinary unity within the European Union”, Clüver Ashbrook notes. But, she wonders, will the unity last? To Zanda Kalniņa-Lukaševica, the need to stop buying energy from Russia is clear. “It’s not about cheap or expensive gas or oil. It’s about lives of innocent people”, she argues. Estimates vary but it costs Russia “approximately 20 billion euros” per month to finance the war, the Latvian politician says. “So we are directly financing it. Until the moment we are stopping buying the oil and gas.” Sven Mikser agrees. Weaning Europe off of its dependency on Russian energy is painful, he says, “but it’s possible and it’s necessary”. In his view, the war is both an “existential crisis for Ukraine” and also a threat “in very many ways to Europe’s security.” The DLD Conference channel features all talks held at past conferences and our digital format DLD Sync as well as the highlights of our events. For news, upcoming events and more interesting topics make sure to also visit: DLD Website: 🤍 DLD on Instagram: 🤍 DLD on Twitter: 🤍 DLD on Facebook: 🤍
President Trump used the NATO summit to criticize allies, including Germany, over a natural gas pipeline deal with Russia. He also upset tradition by demanding NATO countries spend even more on defense. CBS News chief White House correspondent Major Garrett reports from Brussels. Subscribe to the "CBS Evening News" Channel HERE: 🤍 Watch Full Episodes of the "CBS Evening News" HERE: 🤍 Watch the latest installment of "On the Road," only on the "CBS Evening News," HERE: 🤍 Follow "CBS Evening News" on Instagram: 🤍 Like "CBS Evening News" on Facebook HERE: 🤍 Follow the "CBS Evening News" on Twitter HERE: 🤍 Follow the "CBS Evening News" on Google+ HERE: 🤍 Get your news on the go! Download CBS News mobile apps HERE: 🤍 Get new episodes of shows you love across devices the next day, stream local news live, and watch full seasons of CBS fan favorites anytime, anywhere with CBS All Access. Try it free! 🤍 - The "CBS Evening News" premiered as a half-hour broadcast on Sept. 2, 1963. Check local listings for CBS Evening News broadcast times.
The US and the European Union have unveiled a plan to reduce Europe’s dependence on Russian fossil fuels following the attack of Ukraine. Retired Brigadier General Jarosław Strozyk from the University of Wroclaw weighs in on Russia’s offensive and how the US and the EU working together to decrease Europe’s dependency on Russian gas will impact the geopolitical climate in the region. #EU #US #Russiangas Subscribe: 🤍 Livestream: 🤍 Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 Visit our website: 🤍
The European Union has acted with unprecedented speed and unity in sanctioning Russia, but energy is the 27-country bloc's weak spot. Before the war in Ukraine, Russia provided the EU with a huge percentage of its energy imports: 47% of its coal, 41% of its gas and 27% of its oil. #eu #russia #ukraine #newsy - Newsy is your source for news and analysis covering the top stories from around the world. With persistent curiosity and no agenda, we strive to fuel meaningful conversations by highlighting multiple sides of every story. It’s news with the why. Join our newsletter at 🤍 See more at 🤍 Like Newsy on Facebook: 🤍 Follow us on Twitter: 🤍
he U.S. and the European Union will push to boost supplies of liquefied natural gas to European countries by the end of 2022 in a bid to displace Russian gas, a political framework that now leaves companies to sort out the details. Under the agreement, Europe will get at least 15 billion cubic meters of additional LNG supplies by the end of the year, though it’s not clear where it will come from. Member states will also work to ensure demand for 50 billion cubic meters of American fuel until at least 2030. The aim is to work with international partners to help the continent wean itself off Russian gas, which accounts for about 40% of Europe’s needs. “We’re coming together to reduce Europe’s dependence on Russian energy,” U.S. President Joe Biden said at a joint press conference with European Commission President Ursula von der Leyen, who added that 15 billion cubic meters this year “is a big step in that direction.” Subscribe to our YouTube channel: 🤍 Subscribe to our newest channel Quicktake Explained: 🤍 Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit 🤍 or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: 🤍 Connect with us on… YouTube: 🤍 Breaking News on YouTube: 🤍 Twitter: 🤍 Facebook: 🤍 Instagram: 🤍
The European Union has unveiled plans to cut its energy dependence on Moscow. Around 40% of EU gas imports come from Russia something that's causing concern in Europe. This as Moscow and Brussels trade rounds of sanctions and counter-sanctions over the conflict in Ukraine. Rosie Birchard reports from the EU capital. For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms.
FOX Business host Stuart Varney argues Germany and much of Europe are 'beholden' to Russia, which 'supplies 40 percent' of the region's natural gas. ... STUART VARNEY: That’s why Germany is not behaving like an ally over Ukraine. They are scared to oppose Russia. They are reluctant to impose sanctions, and they won't help Ukraine's defense. Asked to send military supplies, they sent 5,000 helmets. ... Subscribe to Fox Business! 🤍 Watch more Fox Business Video: 🤍 Watch Fox Business Network Live: 🤍 FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C. Follow Fox Business on Facebook: 🤍 Follow Fox Business on Twitter: 🤍 Follow Fox Business on Instagram: 🤍
Russia has drastically reduced its gas supply to Europe following its invasion of Ukraine on February 24, leaving the EU scrambling to make up the deficit. But one district in Germany has perhaps already shown how the continent could end its energy dependence on Moscow. Thanks to “courageous visionaries”, the Rhein-Hunsrück district has not relied on gas from Russia, or anywhere else, for decades, instead producing its own energy through an array of renewable sources. #Russia #gas #Germany 🔔 Subscribe to France 24 now: 🤍 🔴 LIVE - Watch FRANCE 24 English 24/7 here: 🤍 🌍 Read the latest International News and Top Stories: 🤍 Like us on Facebook: 🤍 Follow us on Twitter: 🤍 Discover the news in pictures on Instagram: 🤍
Given the strong dependence of many European countries on Russian gas and oil exports, the war in Ukraine has created fundamentally new conditions for the European energy policy leading to calls and first steps (such as the scrapping of the North Stream 2 pipeline) to reduce this dependence. The seminar addresses dependence issues, as well as debates on the impact of the war to the transition to renewable energy sources, the redirection of trade from Russia to other providers, and the role of nuclear power (with potential divisive effects both between and within member-states). Speaker: Ilaria Conti This event took place on 25 May 2022. More about the EGPP special seminar series on Ukraine and the European Union: 🤍
The much anticipated Trans Anatolian Natural Gas Pipeline is officially in operation. The Caspian-sourced route is poised to boost Europe's energy security by reducing its dependence on gas imports from Russia. Ukraine was among the international delegations invited to attend the project's opening. _ Subscribe to UATV English: 🤍 Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 Watch UATV live: 🤍 #News #Ukraine #UATV
Ditte Juul Jørgensen, the European Commission's Director-General for Energy, spoke to 🤍AtlanticCouncilUS about Europe’s progress and future outlook for diversifying and decarbonizing its energy supply—including efforts to reduce dependence on Russia's energy. "Before the Russian invasion, we were dependent on Russia for about 45% of our total gas consumption...that has been essentially taken out of the market," she said. "We have replaced most of that Russian gas with LNG, primarily from the US. The US has become by far our largest supplier of LNG." For more information, visit: 🤍 Driven by our mission of “shaping the global future together,” the Atlantic Council is a nonpartisan organization that galvanizes US leadership and engagement in the world, in partnership with allies and partners, to shape solutions to global challenges. Find out more about us below or at 🤍 Twitter: 🤍 Facebook: 🤍 LinkedIn: 🤍 Instagram: 🤍 #shorts
With prices at the pump surging and the showdown looming with major gas supplier Russia, the French president addressed the European Parliament for his big presentation to mark France's rotating presidency of the bloc. We'll ask about what Emmanuel Macron said and didn't say about the highest petrol prices in seven years with some of Paris' gas stations asking two euros a liter at the pump. #europe #energy #gas 🔔 Subscribe to France 24 now: 🤍 🔴 LIVE - Watch FRANCE 24 English 24/7 here: 🤍 🌍 Read the latest International News and Top Stories: 🤍 Like us on Facebook: 🤍 Follow us on Twitter: 🤍 Discover the news in pictures on Instagram: 🤍
European leaders have assembled in Brussels to establish trust funds for Ukrainians. U.S. President Joe Biden has also sealed the energy deal to help Europe and said that the U.S. will provide natural gas to Europe. #EU #Russia #Oil About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for latest updates Zee News:- 🤍 Zee Bussiness:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps : 🤍
As the Greece-Bulgaria pipeline is set to open in June, Polish and Czech Republic leaders are partnering up to ease Russia's energy influence. READ MORE : 🤍 Subscribe to our channel: 🤍 Watch our LIVE here: 🤍 Subscribe to our thematic channels: NoComment: 🤍 Euronews Green: 🤍 Euronews Next: 🤍 Euronews Travel: 🤍 Euronews is available on YouTube in 12 languages: 🤍 #World
The gas deal announced by the US and EU is a 'slow move away' from the dependence on Russia and won't help the EU impose more sanctions due to long standing contracts with Gazprom. Senior Vice President at Rystad Energy, Carlos Torres Diaz, said gas prices are set to remain at record highs for the rest of the year and renewable energy is a solution but will take time to implement. SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple: 🤍 Android 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí 🤍 Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
Europe will end its energy dependence on Russia but to do so from one day to the next would plunge it into a recession, risking hundreds of thousands of jobs and entire industrial sectors, German Chancellor Olaf Scholz said. #OlafScholz #RussiaEnergy #RussiaUkraine For English News: 🤍 For Hindi News: 🤍 Follow Us on Google News DnaIndia 🤍
The European Commission wants to create an energy union that is supposed to be beneficial for consumers and industry alike. In addition it should improve energy security and decrease dependence on other countries, such as Russia. However, critics say the Commission interferes too much in national politics and green NGOs say the Commission plan lacks ambition when it comes to renewables and climate. Get all the details and soundbites of the video at 🤍 Interviewees and quotes by - Maroš Šefcovic, Vice President, European Commission - Miguel Arias Cañete, EU Commissioner for Climate Action & Energy - Algirdas Saudargas, member of the European Parliament (Centre Right) - Tara Connolly, EU Energy Policy Adviser, Greenpeace Europe Presenter: - Andreas Liljeheden, Euranet Plus News Agency - Get more videos of our NOW! (News of the Week) series at 🤍 Subscribe to our channel at 🤍 -
Germany's plans for a pipeline supplying Russian gas have been thrown into doubt. The US ambassador to Berlin has urged Germany to ditch the Nord Stream 2 project. And now France says it could halt the construction process by subjecting the Russian company building it to tougher European Union rules. Critics say the pipeline - due to start pumping later this year - will make Germany dependent on Moscow and undermine European security. That leaves a key part of Germany's energy strategy under threat. Subscribe: 🤍 For more news go to: 🤍 Follow DW on social media: ►Facebook: 🤍 ►Twitter: 🤍 ►Instagram: 🤍 Für Videos in deutscher Sprache besuchen Sie: 🤍 #NordStream2 #Germany #Russia
Europe will end its energy dependence on Russia but to do so from one day to the next would plunge it into a recession, risking hundreds of thousands of jobs and entire industrial sectors, German Chancellor Olaf Scholz said on Wednesday. "Sanctions should not hurt European states harder than the Russian leadership," Scholz told the Bundestag lower house of parliament. 🤍 #eudebates The European Commission will look into the question of energy price caps after an extensive debate on the topic pushed by Spain at the EU summit, German Chancellor Olaf Scholz said on Friday. Germany and many other countries are sceptical about market interventions against high energy prices, he told a news conference at the end of the two day EU summit. #sanctions #Germany #Energy #Scholz #Russia Earlier, a European Union source said Germany and the Netherlands had opposed the southern countries in a “tough” debate on the issue of price caps. European countries had agreed however to cooperate on the joint purchase of gas on a voluntary basis, Scholz said. The German Foreign Minister stated that the war in Ukraine “destroys” the Kremlin and that they will constantly tighten punishments. German Foreign Minister Olaf Scholz assured Parliament on Wednesday that the sanctions decided by the West against Russia for the invasion of Ukraine “work” and warned Russian President Vladimir Putin that there will be more and that “it is just the beginning”. “We see sanctions working. This is just the beginning, we will constantly tighten sanctions,” Scholz said in a debate in the Bundestag in which he sent Putin the message that the war in Ukraine “destroys Russia.” Scholz said in relation to the war in Ukraine and a possible negotiated solution that “Ukrainians and no one else negotiate” about that country, although he added that Berlin will do “everything we can” to contribute to that process that leads to peace. “We have avoided confrontation in Europe for eighty years and it must remain so,” said the German Foreign Minister, who insisted that in the war in Ukraine NATO “will not be a party, that is what the European Union (EU) and the United States agree on.” About the Russian president, he recalled that he has spoken with him on several occasions in recent weeks and assured: “He has to know the truth, war destroys the future of Russia. The guns must shut up right now.” Scholz alluded to the reception of refugees from Ukraine in several European countries, including Germany and proclaimed that they are welcome but that there is “a huge task ahead” and praised the “unprecedented wave of solidarity” demonstrated by citizens. 🤍 #eudebates
EU leaders said on Friday that they want to draw up a roadmap to wean Europe off its dependence on Russian energy. They made the call after a two-day summit focused on the Ukraine-Russia crisis. Some argue the EU cannot get tough with Russia due to its oil and gas needs. British Prime Minister David Cameron said: "Of course Europe is, i think 25% or so reliant on Russian gas. "But, if you look at Gazprom's revenues, something like 50 percent comes from Europe. so, Russia needs Europe more tha... READ MORE : 🤍 What is in the news today? Click to watch: 🤍 euronews: the most watched news channel in Europe Subscribe! 🤍 euronews is available in 14 languages: 🤍 In English: Website: 🤍 Facebook: 🤍 Twitter: 🤍 Google+: 🤍 VKontakte: 🤍
Watch the full video here: 🤍 Russia’s invasion of Ukraine has shattered the maxim, in vogue at the beginning of the 21st century, that we had reached the end of history with liberal democracy being the final form of government for all nations. War in Ukraine is just the tip of the iceberg in a string of political, social, military and economic developments that have called into question the world order established after World War II. The United States – once a champion of the free world – is ramping up efforts to reshore its industries to keep up with increased competition from foreign powers, who are now challenging its previously undisputed hegemonic role in the international order. Meanwhile, deep internal rifts have polarised the nation, casting doubts over its long-term direction and capacity to act as an ally. On top of this, demographics are in favour of Asia and the global South. Germany – today the most populous country in the EU – represents only 1% of world population. The EU countries altogether tally some 450 million people. Future trends, however, show many European states stagnating or even depopulating, while other countries of the globe continue to grow. The future of our world will be indeed one in which Europe is “the small countries”. Since the 1990s, after the collapse of the Berlin Wall, the fall of the Soviet Union and the end of the Cold War dominated by the Russia-America bipolar world order, decades of hope for a better future ensued with democracy, free trade and innovation. Today, we seem to have been shot back to some of the scariest points of the 20th century, with a renaissance of economic alliances, trade tensions, and aggressive industrial competition if not outright conflict that is uprooting the world we live in. The values of the past decades are losing ground, with the good we saw in those decades now in retreat. Whether it be in the rise of autocracy, democratic backsliding, the politicisation of science, or the decline of free trade, the world is clearly on a new trajectory from the one of just 20 years ago. At the same time, the energy transition as a weapon to combat climate change involves a shift from fuel-intensive to raw-material-intensive economies, embodying the shift in the Balance of Power. This concentration of supply chain control and the dependence on said supply chains, as Russia’s energy blackmail showed, can be a dangerous predicament to be in, and necessitates a paradigm shift from “just in time” to “just in case”. Most of the equipment used for clean and renewable technologies today comes from China. In 2022 before Russia’s invasion of Ukraine, Europe relied on Russian pipeline gas for 40% of its supply. Today the EU imports are well below 10% of that gas thanks to higher renewable ambition, energy savings incentives, supply diversification and gas storage efforts. Europe’s future independence lies in energy security. For energy security, Europe must persist in the energy transition to power itself with homegrown clean and renewable energy while developing new storage technologies, robust electricity infrastructure, and flexible assets aimed at balancing variable generation.
When Russia threatened to turn off the gas taps if Europe didn’t start paying for its energy in rubles, the continent held its breath. What would a stop to Russian gas mean for the chemicals industry – and all the other industries that depend on it? A handful of European companies are gearing up to comply with Moscow's demands that they pay for Russian gas in rubles. Guntram Wolff, president of Bruegel Institute think tank says EU leaders must ensure that companies adhere to the bloc's stance and reject the mechanism for ruble payments. Subscribe: 🤍 For more news go to: 🤍 Follow DW on social media: ►Facebook: 🤍 ►Twitter: 🤍 ►Instagram: 🤍 Für Videos in deutscher Sprache besuchen Sie: 🤍 #Gas #Russia #Energy
For decades, Europe depended on Russia to supply it with low-cost oil and natural gas to keep its industries buzzing. But now, Europe’s industrial energy costs are soaring in the wake of the Ukrainian crisis. Natural-gas prices are now three times higher than they were a year ago, and factories are scrambling to find alternatives to Russian energy, unsuccessfully so. No replacement for Russian energy. The European Union claims to be punishing Russia, in line with which it has stopped consumption of Russian fuels. That’s what the world is being told. But that’s not the case. Europe continues to import a prime Russian fuel. Surprisingly, nobody seems to be talking about this continuing trade between Europe and Russia, and the EU is maintaining stoic silence on the issue. We’re talking about Russian nuclear energy. #europe #russia #industrial #energy #costs #natural #gas #prices #nuclear #energy #uranium #fossil #fuels #nuclear #sector #germany #poland #ireland #estonia #latvia #lithuania #nuclear #exports #european #sanctions #nuclear #fuel #ariadna #rodrigo #greenpeace #cnbc #kremlin #fast #neutron #reactor #raw #uranium #rosatom #kazakhstan #nuclear #power #plants #bulgaria #czech #republic #czechrepublic #finland #hungary #slovakiaoil #gas #coal #european #commission #zaporizhzhia #eu #electricity #rao #gazprom #rosenergoatom #minenergo #radioactive #elements #alpha #beta #gamma #decay #renewable #energy #uranium #radium #polonium #thorium #nuclear #warheads #united #states #biden #joebiden #volodymyr #zelensky #nato #eu #liztruss #macron #nuclear #nuclear #war #eucrisis #energy #shelling #zaporizhzhia #odessa #kharkiv #kyiv #donbass #upsc #civilservices #upscexamprep #upscexam #upscmotivation #currentaffairs #worldaffairs #generalstudies #upscprelims #prelims #ias #ips #india #ssc #lbsnaa #gk #upscexam#asia #eurasia #global #foreignaffairs #foreignpolicy #worldnews #news #latestnews #geopolitcs #firstpost | n18oc_world Subscribe to Firstpost YouTube channel to never miss a video: 🤍 Follow Firstpost on Instagram: 🤍firstpost Follow Firstpost on Facebook: 🤍firstpostin Music credits: "F*CK*D UP" by NOAH x HORUS III 🤍
With the European Union pledging to end its dependence on Russian gas, Turkey is positioning itself as a key bridge to alternative energy supplies from other nations. Dorian Jones reports from Istanbul. Produced by: Rob Raffaele Originally published at - 🤍 » Subscribe to VOA News: 🤍 » Watch more VOA News video: 🤍 Voice of America (VOA) is the largest U.S. international broadcaster, providing news and information in more than 40 languages to an estimated weekly audience of 236.8 million people. VOA produces content for digital, television, and radio platforms. It is easily accessed via your mobile phone and on social media. It is also distributed by satellite, cable, FM and MW, and is carried on a network of approximately 3,000 affiliate stations. Since its creation in 1942, Voice of America has been committed to providing comprehensive coverage of the news and telling audiences the truth. Through World War II, the Cold War, the fight against global terrorism, and the struggle for freedom around the globe today, VOA exemplifies the principles of a free press. Connect with VOA News: » VISIT OUR WEBSITE: 🤍 » LIKE OUR FACEBOOK PAGE: 🤍 » FOLLOW US ON INSTAGRAM: 🤍 » FOLLOW US ON TWITTER: 🤍
At Thursday’s Senate Energy Committee, Sen. Mazie Hirono (D-HI) questioned witnesses, including Dr. Andrew Light, Assistant Secretary at the Office of International Affairs at the Department of Energy. Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: 🤍 Stay Connected Forbes on Facebook: 🤍 Forbes Video on Twitter: 🤍 Forbes Video on Instagram: 🤍 More From Forbes: 🤍