Ending the EU’s reliance on Russian fossil fuels, which are exploited as an economic and political weapon and cost European taxpayers almost €100 billion per year, and addressing the climate problem are both urgent priorities. Europe can reduce its reliance on Russian fossil resources more quickly by acting as a unit.
BP and Linde are teaming together to build a massive carbon capture and sequestration project along the Texas Gulf Coast that will store up to 15 million metric tons of CO2 per year while also creating low-carbon hydrogen.
Diversification of gas and oil sources is an urgent concern for Bulgaria and Germany, according to Bulgaria’s president, but green options, including hydrogen, must be pursued in the long run.
