How to Eat Russia’s Oil Lunch
If Russia is set to remain aggressive and dangerous, the best strategy to counter it should aim to reduce its share of the global energy market as much as possible. Assembling a coalition to do this is made easier by the shared incentive to curtail the country’s oil influence.
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CAMBRIDGE – A funny thing happened on the way to net zero. While environmental, social, and governance standards were forcing oil companies to divest from fossil fuels, and while the United States was tightening its oil production policy and canceling the proposed Keystone XL pipeline on environmental grounds, Russia decided to invade Ukraine.