Europe has survived 3 energy shocks in 4 years. The only way out is to stop buying power from its enemies | Fortune
fortune.com
Oil above $100. Gas prices up 70%. Every crisis has a different trigger—and the same vulnerability. Europe must become the world's first Electro-Continent.
  • Denjin@feddit.ukEnglish
    481·
    2 days ago

    The EU has reduced Russian gas imports from 45% of the total gas imports of the union before the invasion of Ukraine to 13% at the end of 2025 and will be at 0% by 2027.

    Coal and oil are already at 0%.

    It’s not like you can just switch off 150bn cubic meters of gas overnight