Closing the Disconnect Between Peace in Ukraine and Russian Oil and Gas

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Closing the Disconnect Between Peace in Ukraine and Russian Oil and Gas
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To tackle the climate crisis, the world must have a real plan to phase out fossil fuels, starting with Russian oil and gas exports.

Europe is already making progress in phasing out Russian fossil fuels. According to a recent briefing by the Centre for Research on Energy and Clean Air, in August 2023, the increased generation of solar and wind electricity in European Union countries led to a reduction in fossil gas consumption by 18 terawatt-hours , more than half of the total fossil gas imports from Russia.

Concerns grow about Russia's LNG expansion coupled with the overall global crisis of climate disruption. The global oil and gas industry would have to invest only 3% of the income it earned in 2022, or $100 billion, to reduce its methane emissions by 75%, according to the

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