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From Foreign Affairs Magazine:By Alexander Gard-Murray, Miriam Hinthorn, and Jeff D. Colgan
August 23, 2023\ \ In peer-reviewed research at the Climate Solutions Lab at Brown University, we calculated the cost to European countries of higher wholesale prices and state aid to energy users, from the lead-up to the war to the end of 2022. The bill for fossil fuel dependence came to more than a trillion euros. That’s more than ten times what Europe spent on support for Ukraine last year and also more than three times the spending required by REPowerEU, the bloc’s strategy for accelerating the clean energy transition and reducing reliance on Russia. https://www.foreignaffairs.com/europe/missed-opportunity-energy-crisis-fossil-fuels?utm_medium=newsletters&utm_source=fatoday&utm_campaign=Delusions%20of%20D%C3%A9tente&utm_content=20230823&utm_term=FA%20Today%20-%20112017
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