Amidst the threat of nuclear war posed by the Russian invasion of Ukraine, which explicitly exposed Europe's dependence on oil and gas from Russia, one could expect that the smart solution would be to get away from fossil fuels and make massive investments in renewable infrastructure and production.
At the same time, European countries, in order to condemn Russia, are looking for fossil fuels elsewhere, shifting dependence to other countries, where gas and oil exploitation perpetuate colonial exploitation or support authoritarian regimes. Shifting from one authoritarian regime to another is not the solution, and neither is shifting from one kind of fossil fuel to another by using gas as a"transitional" energy source, nor by going back to coal.
The war is being used as an excuse for multinational corporations, which take advantage of the increases in prices, to increase profits. This is the case of fossil and agribusiness corporations whose profits are rising while people are facing energy poverty and food insecurity. As so, in the scope of the Climate Action Camp 1.5, we will bring Just Transition inside Galp's oil refinery in Sines. This is the infrastructure in Portugal with the highest amount of greenhouse gas emissions. Galp is expected to be one of the main recipients of the European funds the government is getting for a Just Transition.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FoxBusiness - 🏆 458. / 53 Read more »