Moreover, the EU's Green Deal, which commits the bloc to become carbon-neutral by 2050, means the balance of bargaining power has shifted decisively … - Andriy Kobolyev
" "Moreover, the EU's Green Deal, which commits the bloc to become carbon-neutral by 2050, means the balance of bargaining power has shifted decisively from fossil fuel producers to consumers. European governments must use that advantage to sanction Russian energy exports in a way that will not damage their economies. The best approach is the tried and tested Iranian sanction model: natural gas can flow from Gazprom to Europe. However, all proceeds are kept in special escrow accounts in European banks until Russia meets certain conditions.
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About Andriy Kobolyev
Andriy Kobolyev (Ukrainian: Андрíй Володѝмирович Кóболєв; born August 16, 1978) is a Ukrainian politician and businessman, former chief executive officer of Ukrainian largest national oil and gas company Naftogaz.
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Additional quotes by Andriy Kobolyev
Beyond the military domain, the most obvious target for such retaliation is Russian energy exports, which account for roughly 36 percent of the country's total budget revenues, most of which are used to fund military expenditure. Europe should move fast to replace Russian energy supplies permanently.
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