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No not entirely the ESG policies. They cut their own supply when they cancelled Nord Stream 2 and confiscated Russian Euro reserves, essentially ending their ab
by PKop 4y ago
No not entirely the ESG policies. They cut their own supply when they cancelled Nord Stream 2 and confiscated Russian Euro reserves, essentially ending their ability to "print" a petro-euro for cheap energy. This was certainly a move in response to the war, but it was still their own choice.
Putin wanted to wage the war in Ukraine and still sell energy to Europe. Europe chose not to continue the 2nd part by various sanctions. Now Putin escalates by cutting further supply in response to sanctions (i.e. not getting paid for the energy he was shipping through pipelines)