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This is a good thing long term, because: - It accelerates Europe's independence from Russian oil to 2022 instead of the original projected 2025. - It removes
by kstenerud 4y ago
This is a good thing long term, because:
- It accelerates Europe's independence from Russian oil to 2022 instead of the original projected 2025.
- It removes Russia's biggest lever for pressuring Europe.
- It accelerates the worldwide push towards renewables.
- It accelerates the deployment of LNG terminals across the European seaboard, further improving energy choices.
- It makes Scholz and Macron look like fools for dragging their feet on price caps.