The flaws in Europe’s deal to ration gas

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The flaws in Europe’s deal to ration gas
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Why the EU’s energy ministers are essentially kicking the gas canister down the road

energy ministers of the European Union’s member countries gathered for an emergency meeting on July 26th, the deal came swiftly. They agreed that each country should cut gas consumption by 15%, compared with their average over the past five years, between August 1st and March 31st 2023. It was a typicalcompromise, forged in long negotiations and riddled with exemptions and concessions.

for liquefied natural gas , reducing their reliance on Gazprom. Spain, for instance, only gets 10% of its demand from the east . Others have already reduced consumption—notably the Netherlands, by a third. Yet others, such as Poland, have already had their Russian supplies cut to zero since the start of the war, and had to adapt.. Other European governments, the European Commission and America had long warned it against relying on Russian gas.

Predictably, when Ursula von der Leyen, the president of the European Commission, proposed last week that allgovernments should cut gas consumption by the same proportion, some pushed back. “Unlike other countries, we Spaniards have not lived beyond our means from an energy point of view,” said Teresa Ribera, Spain’s environment minister—a thinly veiled jab at Germany’s treatment of her country during the euro crisis over a decade ago.

Divisions would play into the hands of Vladimir Putin, Russia’s president. A collapse of European solidarity is exactly what he wants.

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