Steve June 6, 2022
eu-unveils-e300bn-plan-to-quit-russian-fossil-fuels-by-2027-and-boost-clean-energy

The European Commission proposes increased ambition for renewables and energy efficiency, while seeking alternative oil and gas supplies in the short term The European Commission submitted on Wednesday (18 May) a €300 billion plan to eliminate Russian energy imports by 2027, although it admitted this would require short-term investments in new fossil fuel infrastructure to replace imports of Russian oil and gas. Combined with green legislation already on the table,…, Read More