4 Matching Annotations
- Mar 2022
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Russia has said it may close its main gas pipeline to Germany if the West goes ahead with a ban on Russian oil.
This could be a blessing and a boon to climate change transition to a fossil fuel free world.
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Deputy Prime Minister Alexander Novak said a "rejection of Russian oil would lead to catastrophic consequences for the global market", causing prices to more than double to $300 a barrel.
Could the world be convinced to payfor this price?
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Germany and the Netherlands
What would convince them? We need rapid sensemaking!
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www.fastcompany.com www.fastcompany.com
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Because of the invasion in Ukraine, “people are reminded of the problem, but then they resort to sort of quick fixes, which are not really for the long term,” says Rolf Wüestenhagen, director of the Institute for Economy and the Environment at the University of St. Gallen in Switzerland.
Tradeoff higher gas prices with accelerated climate change and sanctioning Putin.
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