War In Ukraine May Boost Renewables Investment

War In Ukraine May Boost Renewables Investment

OilPrice.com

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The Russian war in Ukraine exposed Europe’s high energy dependence on Russian oil and gas and made Western governments rethink their energy policy strategies.    Some, like the United States and the United Kingdom, which can afford to go without Russian fossil fuels without a massive hit to their energy supply, industries, and economies have banned imports of Russian oil, or in the UK’s case, plan to phase out such purchases by the end of the year. Most others in Europe are not so lucky. Not only cannot they cut themselves…

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