Saturday, May 28

Tag: pollution

Europeans Weigh Costs of Cutting Russian Energy Over Ukraine | Business News
Business

Europeans Weigh Costs of Cutting Russian Energy Over Ukraine | Business News

By COLLEEN BARRY, VESELIN TOSHKOV and JUSTIN SPIKE, Associated PressMILAN (AP) — Across Europe, rising energy prices are testing the resolve of ordinary consumers and business owners who are caught between the continent’s dependence on cheap Russian energy and its revulsion over President Vladimir Putin's invasion of Ukraine.Governments are trying to replace energy supplies from Russia, mindful that their regular payments are funding a war that has seen thousands of civilian deaths and widespread destruction. They also face a nerve-wracking showdown with Moscow over its demands for payments in rubles, and the possibility that Russia will block supplies, as it did to Bulgaria and Poland last week.European Union countries import 40% of gas and 25% of oil from Russia, and the current EU timet...