EU paid Russia $16 billion for fossil fuels since the start of Ukraine war

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EU paid Russia $16 billion for fossil fuels since the start of Ukraine war
France Dernières Nouvelles,France Actualités
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Independent research body CREA estimates the EU has still paid billions since February 24, despite Russia being internationally ostracized.

On March 8, the European Commission presented a proposal to cut its gas imports from Russia by two thirds before the end of 2022 on the way to become completely independent from Russian fossil fuels"well before" 2030.

In this photo, a security guard checks a car entering the grounds of the Moscow office of Russian gas giant Gazprom in Moscow on September 10, 2021.The way to achieve this ambitious goal, according to the EU plan, is to ensure gas supply security through diversifying its sources and speed up the roll-out of renewable energies to replace fossil fuels.

"What we have here, it's that the EU has put in place an ambitious plan to reduce and eliminate imports over the next years," said Myllvirta."But in the immediate short term, their imports haven't been affected by these plans, and because of the high prices the flow of money has in fact increased."

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