Increase in energy charges to be relatively small price for inhibition of Putin's aggression

The new sixth package of sanctions by the European Commission against Russia includes a ban on oil imports. This is to happen in the next six months. By the end of the year, Russian refined products will also be under embargo. The PIE analysis shows that the profits from the sale of oil to EU countries account for 10 percent of Russia's central budget. According to Jerzy Buzek, the former Prime Minister and President of the EP, and today the MEP, it is the raw materials embargo that is the only way to oppose Putin, and the associated increase in fees in Europe is a small price for halting the cruelty of war.

"It is absolutely necessary to cut off imports of raw materials from this country. If we want to help Ukraine and really oppose the brutality of the Russians and Putin, we must do so," Jerzy Buzek stressed.

“That is why we need to accelerate the green transition, because fossil fuels can only be replaced by renewable energy, or nuclear energy. But on the other hand, Europe and Poland could not do one such movement if we were not prepared to do so," he added.

The EU has been preparing for possible energy crises for many years. One of the reasons was the instability of Russia as a supplier of key raw materials. As Jerzy Buzek pointed out, the Union has learned from crises like the Russian-Ukrainian gas war of the first decade of the 21st century.

(Newseria)