Climate activists are watching.
. Stopping Nord Stream 2 sent a really important signal geopolitically, but there was no gas in the pipeline. And Europeans have actually been buying more gas from Russia than usual since the invasion. It’s cheaper to buy the Russian gas on long-term contracts, so they’re buying as much as they can.Gas is where Germany and Europe have the biggest problems. It could still get colder before this mild winter ends. The second-biggest import source, Norway, has little spare capacity.
That’s really the way out of this, and to get the clean energy to back it up.In your thread, you talked about the Energy Charter Treaty and what role that plays right now with the possible legal challenges to what’s happening with Nord Stream 2. Could you explain what the ECT is, and what role it plays, to someone who may not be familiar?.
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