Inconvenient Truths What Europe Gets Wrong About Energy Security
European reliance on Russian natural gas is in large part a self-inflicted wound.
Published on June 3, 2014
he crisis in Ukraine raised concerns about European energy security, triggering calls for stronger coordination among the G-7 governments and the broader European community. This led the G-7 leaders to issue the March 24 Hague Declaration in support of Ukrainian sovereignty. The declaration called on the group’s Energy Ministers to convene and seek ways to strengthen Europe’s energy security.
This they did, and in their May 6 meeting in Rome the ministers issued a joint statement committing to “a systematic and enduring step change to improve energy security at national, regional, and global levels.” But their statement reflects a failure to recognize the actual...
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