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Russia makes the EU dependent on its raw materials

00:24

Russia makes the EU dependent on its raw materials
Source: eNewsroom

In Western Europe, recent quarters have witnessed a revolution in gas prices. They increased 700-1,000 percent. This is one element of Russian pressure on Europe – by emptying gas storage and raising prices. Russia makes Europe dependent on its raw material, and after the opening, Nord Stream 2 will supply more than half of this fuel in Europe. This is not the only raw materials argument Russia is using towards Europe.

"Prices of carbon dioxide are also going crazy, we have record levels of €90/80 per tonne. This means that electricity, heat, and fuel prices have become very expensive. These are increases by hundreds of percent," Marcin Roszkowski, president of the Jagiellonian Institute, said.

"The climatic position of the EU means a very strong focus on decarbonization. This imposes actions towards clean, zero-emission technologies. It can be seen that not only the Polish economy but also other Western EU Member States are coping poorly with this – meanwhile, the prices of heat energy and fuels are going crazy and one element is climate policy," Roszkowski added.

(eNewsroom) 

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