Stepping on the gas: the Ukraine war reshapes climate and energy policy

April 12, 2022

The ongoing atrocities in Ukraine are dramatically reshaping our view of the stable post-Cold-war world. At the same time, they are also profoundly reshaping other areas of international relations, including national and international climate and energy policy.

The impacts in this space are not straightforward. There are also important distinctions between what happens in the short term and what happens in the long term. They all stem from sanctions banning the import of Russian oil and the EU’s drive to wean itself off Russian gas. They then end up circling back to the geopolitics that represent the ultimate starting point.