Monday, February 12, 2024

Austria has INCREASED its reliance on Russian gas

Since Russia invaded Ukraine in February 2022 (yes, it's been two years!), the European Union has vowed to decrease its reliance on imported Russian gas, with a view to completely decoupling from Russia by 2028.

In those two years, though, Austria - a member of the EU since 1995 - has INCREASED its dependence on Russian gas from 80% just before rhe war to 98% today!

So, why is Austria pedalling backwards so furiously, while the rest of Europe is doing its damnedest to unlink from Russia. Well, for one, Russian gas is cheaper (NOT a good reason!), and supposedly there are contractual reasons. But Austria really doesn't seem to have tried very hard to get out of these contracts.

The country's energy minister, Leonore Gewessler, a member of the Green Party, has made the situation public, as has the EU envoy to Austria Martin Selmayr, but they have been reprimanded for their trouble. If the energy minister can't do anything about the problem, then who can? It seems like a hopelessly embarrassing situation.

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