Europe’s Secret Weapon In Its Energy War With Russia ...Middle East

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Europe’s Secret Weapon In Its Energy War With Russia
If Germany fails to make up for its winding down of Russian natural gas imports, high-priced LNG imports, delayed nuclear power phaseout, and even restarting of dormant coal plants will be the outcome. The general consensus from German industry and the government is that fossil fuel expansion is still necessary—both for longer-term energy security and, with respect to natural gas, to act as a bridge for the energy transition. That consensus led Berlin, in early February, to earmark $16 billion for the construction of four major natural…

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