Viewpoint: EU Needs Clearer Messaging Over Gas

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The EU needs to send a clearer message to producers and investors about how it views fossil fuels, and in particular natural gas, if it ever expects to solve the ongoing energy crisis. Companies and countries have expressed confusion over whether the EU wants or can buy natural gas for the foreseeable future — or whether its climate legislation will hinder the shelf life for gas. The EU's sole focus on the sustainability axis of the so-called energy trilemma has been pushed aside along with affordability in favor of supply security in the rush to replace Russian gas imports after the war in Ukraine. Clearing the messaging morass is imperative to unlock needed investments in new supply.

Low-Carbon Policy, Gas Supply, Gas Demand, Policy and Regulation, Security Risk
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