EU Plan To Ditch Russian Gas May Cost $214 Billion More Than Planned

The European Union’s current plan for eliminating its reliance on Russian gas by replacing it with gas from other sources could cost the bloc up to $214 billion more than originally planned, climate think-tank and organizations Ember and Global Witness said in a report on Wednesday, calling for faster renewables rollout.    The European Commission’s REPowerEU plan to make Europe independent from Russian fossil fuels well before 2030 includes diversification of gas supplies, speeding up the roll-out of renewable gases,…