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EU Says It Has A Plan To Ditch Russian Energy

 

The Guardian: EU plans ‘massive’ increase in green energy to help end reliance on Russia 

European Commission says extra €210bn needed over next five years to pay for phasing out of Russian fossil fuels 

The EU plans a “massive” increase in solar and wind power, and a short-term boost for coal, to end its reliance on Russian oil and gas as fast as possible. 

In a plan outlined on Wednesday, the European Commission said the EU needed to find an extra €210bn (£178bn) over the next five years to pay for phasing out Russian fossil fuels and speeding up the switch to green energy.  

Read more ....  

WNU Editor: This is how the EU wants to phase out Russian fossil fuels .... Factbox-How the EU plans to quit Russian fossil fuels (Reuters). 

I have seen all of this before, and here is an easy prediction. The price for EU energy is going to be terribly expensive, and it will make the EU's manufacturing sector noncompetitive in global markets. On this issue Putin is right .... Putin says EU ditching Russian oil is 'economic suicide' (DW). 

More News On The EU's Energy Plan 

EU rushes out $300 billion roadmap to ditch Russian energy -- AP  

EU plans 300-billion-euro investment to quit Russian fossil fuels -- Reuters  

EU Targets Clean Power, LNG in Plan to Slash Russia Dependence -- Bloomberg  

Europe plans to spend $221 billion to ditch Russia's energy -- CNN  

Five things to know about the EU's big plan to become independent from Russian fossil fuels -- Euronews



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