As nations around the world struggle to deal with the humanitarian crisis created by the Russian invasion of Ukraine, they also face difficult choices in balancing near- and long-term economic and envi­ronmental challenges. Europe, in particular, is stuck in a bind between multiple conflicting goals. In the immediate term, the continent must access fossil fuels from other sources in order to offset Russian oil and gas imports and avoid massive disruptions for consumers and industry. On the other hand, Vladimir Putin’s war has served as a clarion call to accelerate plans for decarbonization in order to starve the Russian war machine of revenues and build a more sustainable energy future…

Read More