Europe’s new energy dependency – 24NYT

Europe’s new energy dependency – 24NYT


While the EU Commission claims it does not want to swap one dependency for another, it is helping entrench a more expensive energy model increasingly controlled from Washington. The latest statement made on January 26th by the European Commissioner for Energy, Dan Jørgensen, claiming that the European Union “does not want to replace one dependency with another”—referring to Russia and the United States—sounds reassuring, even comforting. The problem is that it comes too late and, above all, stands instark contradiction to facts. Today, the EU has not only replaced its energy dependence on Moscow with a new one but has done so by accepting higher prices and conditions that are more rigid, making the Union strategically more vulnerable. Europe is now firmly in the hands of American gas.





Source link