MOSCOW, 20 Apr. The West is facing an energy retribution for the lack of Russian gas, Helen Thompson, a professor of political economy at the University of Cambridge, said in an article for the Financial Times. catastrophic proportions, and some countries in Asia, the Middle East and Africa are already on the verge of economic and political problems,” the publication says. There are two structural problems at the heart of the current situation. First, the West's neglect of the fact that more and more energy resources are needed for the growth of the global economy. Secondly, there is little that countries can do to immediately accelerate the transition from fossil fuels to clean energy sources. The Hill previously wrote that Europe's commitment to green energy, combined with its reckless idealism, could lead to the death of hundreds of thousands of people this winter. .
Poland names key challenge for EuropeGazprom predicted this week that gas prices in Europe could break through four thousand dollars per thousand cubic meters. Now the cost of raw materials on spot exchanges is more than 2.5 thousand dollars. The export of Russian gas fell after the start of the military operation in Ukraine: supplies through the Nord Stream and through the Ukrainian gas transportation system dropped significantly, and through the Yamal-Europe they stopped altogether. With the start of a Russian special operation to demilitarize and denazify Ukraine, the West stepped up sanctions pressure on Moscow. Many countries have announced the freezing of Russian assets, calls have become louder to abandon energy from Russia. These measures turned out to be problems for Europe and the United States, provoking a rise in food and fuel prices.
