https://energyandcleanair.org/financing-putins-war/
The first step when finding yourself in a hole is to stop digging.
https://energyandcleanair.org/financing-putins-war/
The first step when finding yourself in a hole is to stop digging.
Europe is struggling with soaring energy costs and a lack of alternatives. Whether it's red tape or unfortunate geography, Europe cannot afford to turn off the Russian gas tap.
A benevolent US would see this and find ways to bridge the gap for Europe and lower its energy costs, further choking Russia.
A less benevolent US would see this and encourage it to continue, weakening both parties and sowing internal feuds within Europe.
It's not like we can make dozens of nuclear power plants appear out of thin air.
What is the plan today?
One good solution would be for wind and solar and other renewable power to be used for the creation of an easily storable fuel which can be used in e.g. gas turbines.
Although every country should invest in home-grown battery technology just in case China bites off Taiwan and we gotta cut them out of the global economy too.
https://www.reuters.com/business/energy/us-lng-exports-surge...
LNG is a fungible commodity that is traded world-wide. Don't see much beyond symbolic value here in refusing it. Trying to enforce a price cap would be great there, but needs coordination.
We, as far as I know, also sadly import oil from Russia. I expect that to end soon too, because of a combination of political pressure and Ukrainian attacks.
Our current government is pretty close to Putin and Orban and it would be very welcome if the rest of EU attacked this issue more, as you mention.
https://www.atlanticcouncil.org/blogs/natosource/text-of-spe...
> Indeed, if current trends in the decline of European defense capabilities are not halted and reversed, Future U.S. political leaders– those for whom the Cold War was not the formative experience that it was for me – may not consider the return on America’s investment in NATO worth the cost.
• Hungary: 416 million euros ($488m)
• Slovakia: 275 million euros ($323m)
• France: 157 million euros ($184m)
• Netherlands: 65 million euros ($76m)
• Belgium: 64 million euros ($75m)
[2] suggests that China and India are the main buyers. I don't how reliable those sources are. There is also the problem of how to classify 'laundered' oil that was bought and resold by, e.g. India.
[1] https://www.aljazeera.com/news/2025/10/3/how-much-of-europes...
[2] https://energyandcleanair.org/june-2025-monthly-analysis-of-...