To wean itself from Russian energy supplies as quickly as possible, Europe will need to burn more coal and build more pipelines and terminals to import fossil fuels from elsewhere.
by the end of this year, and to eliminate them altogether before 2030.
The rapid pursuit of energy independence from Russia will likely require “a slight increase” in carbon emissions, said George Zachmann, an energy expert at the Bruegel think tank in Brussels. But"in the long term, the effect will be that we will see more investment in renewables and energy efficiency in Europe,” Zachmann said.
One of Europe's top priorities is to buy more liquefied natural gas that can come by ship. On Friday, American and European officials announced a plan under which the U.S. and other nations will increase liquefied gas exports to Europe this year, though U.S. officials were unable to say exactly which countries will provide the extra energy this year.
Britain will phase out the small amount of oil it imports from Russia this year. More significantly, Johnson has signaled plans to approve new oil and gas exploration in the North Sea, to the dismay of environmentalists, who say that is incompatible with Britain’s climate targets.
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