When Russian President Vladimir Putin sent troops into Ukraine in late February — bombing apartments, hospitals and even a nuclear power plant — he upended the same energy system that is indirectly bankrolling his illegal war. Four of the world’s biggest fossil fuel companies promised to pull out of Russia, abandoning more than $20 billion (€18 billion) in assets. Germany, its biggest customer, stopped a ready-to-go pipeline that would have directly brought it Russian gas. The US slapped sanctions on all Russian fossil fuels, while the UK said it will stop buying Russian oil. The EU announced plans to slash Russian gas imports by 80% this year and phase out the rest, including coal and oil, by 2027. Now energy markets are in one of their deepest crises of price and supply in decades, and “we don’t know how much further this will develop,” said Maria Pastukhova, a Berlin-based…
Russia-Ukraine war risks greater carbon pollution despite boost to clean energy | Environment | All topics from climate change to conservation | DW
