almost 40% of the block's gas in 2021. The U.S. rushed to fill in the gap, with E.U.'s imports skyrocketing by 140 percent in 2022, making the bloc the world's top importer of U.S. gas.
"The gas industry is using today's news–the war and the energy crisis–to try to lock in more gas for decades, even though the industry knows it'll be disastrous for the climate and international stability." Yet critics warn such a shorter term focus would have disastrous consequences for everyone except fossil fuel companies, who have already madeU.N. Secretary-General António Guterres has called on both the U.S. and the E.U. to bump up their carbon neutrality deadlines to 2040, and, to limit warming to 1.5°C, the E.U. needs to stop burning gas by 2035.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: