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March 8, 2022 11:09 pm

The EU accelerates plans to phase out Russian gas




Natural Gas Prices Continue To Climb
Exhaust rises from a chimney of the Heizkraftwerk Lichterfelde natural gas-fired power and heating plant stands on November 03, 2021 in Berlin, Germany. | Photo by Sean Gallup/Getty Images



The European Union announced new plans today to swiftly shrink its reliance on Russian gas and accelerate its transition to clean energy. Russia’s brutal invasion of Ukraine and continued threats to further squeeze Europe’s gas and oil supplies have made clean energy an even more critical priority.


“It is time we tackle our vulnerabilities and rapidly become more independent in our energy choices. Let’s dash into renewable energy at lightning speed,” European Commission Executive Vice President Frans Timmermans said in a March 8th statement.


Over the next year, the European Commission says it can drastically cut its gas use by changing how it heats homes and powers buildings. Russian gas accounted for nearly half of the bloc’s gas...



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Original Link: https://www.theverge.com/2022/3/8/22967244/european-union-russia-clean-energy-transition-gas

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