EU climate chief rules out Russian energy ban, but seeks major cut

Published 22:47 on March 7, 2022  /  Last updated at 01:46 on March 8, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The EU is in no position to embargo Russian oil and gas imports in response to the war waged by Moscow on Ukraine, the European Commission’s climate chief Frans Timmermans said late on Monday, adding that such a scenario would leave some member states in real trouble if gas was halted overnight.

The EU is in no position to embargo Russian oil and gas imports in response to the war waged by Moscow on Ukraine, the European Commission’s climate chief Frans Timmermans said late on Monday, adding that such a scenario would leave some member states in real trouble if gas was halted overnight.

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