A new report by Ember suggests Europe could significantly reduce its dependence on imported fossil fuels by 70% through the adoption of technologies such as electric vehicles, heat pumps, and renewable energy. This shift not only addresses energy security concerns exacerbated by geopolitical tensions but also represents a potential saving of $1.3 trillion globally. Despite a current trend of diversifying imports from Russia to the US, the report emphasizes the urgency for European nations to transition to electricity-based solutions for energy needs.
Electric vehicles, heat pumps, and renewables could cut global reliance on imported fossil fuels by 70% when used to replace them in transport, heating, and power.
Fossil-importing nations are like frogs in boiling water, failing to detect the gradually increasing danger... Import dependency has been rising for decades.
European states cater to the majority of their primary energy needs from fossil fuel imports, with countries like Italy and Spain heavily reliant.
Trump's tariff wars and rising regional conflicts have placed global trade under greater threat than at any time since the Second World War.
Collection
[
|
...
]