"Moreover, the EU's Green Deal, which commits the bloc to become carbon-neutral by 2050, means the balance of bargaining power has shifted decisively from fossil fuel producers to consumers. European governments must use that advantage to sanction Russian energy exports in a way that will not damage their economies. The best approach is the tried and tested Iranian sanction model: natural gas can flow from Gazprom to Europe. However, all proceeds are kept in special escrow accounts in European banks until Russia meets certain conditions."
Andriy Kobolyev

January 1, 1970

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