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Europe’s Crazy War on Natural Gas

The Wall Street Journal’s Editorial Board writes on Europe’s crazy war on natural gas.

The C3 Take
  • The EU’s inclusion of nuclear and natural gas as sustainable investments is receiving pushback by environmentalists.
  • Governments picking energy winners and losers in Europe has compromised much of the EU’s energy and geopolitical security as much of the continent is dependent on Russia for its energy needs.
  • The EU shifting to more of an “all of the above” energy strategy is smart economic and environmental policy. Rather than protesting, European environmentalists should applaud Brussels’ decision.

“Most remarkable is that the critics of nuclear and natural gas are ignoring the current economic and political crisis wrought by their policies. Vladimir Putin is the main beneficiary of Europe’s climate obsessions and hostility to fossil fuels and nuclear power. He has energy leverage over the Continent that no dictator should be able to have. Brussels is belatedly trying to correct this blunder by encouraging smarter energy investments.”

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.

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