New EU Laws May Hurt The Energy Transition

The European energy crisis has fundamentally re-shaped global geopolitics. Runaway energy prices in Europe (which have devastating ripple effects on much of the rest of the world) are fundamentally a result of the West’s misguided reliance on a volatile and despotic regime – Vladimir Putin’s Russia. And now, the United States, Europe, and their key allies are reacting to that critical error by circling the wagons.

It’s becoming increasingly clear that we are entering a new era of prioritizing protectionist energy and trade…