Tilak Doshi writes in Forbes on the global energy response to invasion of Ukraine.
>>>How Policymakers Can Respond to Russia, Higher Energy Prices<<<
- Since the invasion of Ukraine, Germany has begun to embrace a more realistic energy strategy.
- The country has halted certification of the Nord Stream 2 pipeline and has looked to extend the lifecycle of its nuclear plants.
- The United States is still importing Russian oil, but we can lessen dependency on Russia by reducing regulations for all energy sources including natural gas, nuclear, oil, and renewables.
“In Germany’s about-turn in energy policy, the government is now considering options to extend the operations of its coal power plants beyond 2030. The country had previously committed to a full exit from coal by that date. To reduce dependency on Russian gas imports, Halbeck is also not ruling out options to extend the life-span of its three remaining nuclear power plants.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
