Risk too high

February 2022. Politicians and business leaders call for alternatives to Putin’s pipelines.

The country gets a whopping 55 percent of its gas imports from Russia. With the crisis triggered by Vladimir Putin’s belligerence toward Ukraine prompting renewed questions about the reliability of that supply, politicians and business leaders have begun calling for the country to urgently find ways to diversify its energy mix.

“Well. Welcome to the brave new world where Europeans are very soon going to pay €2.000 for 1.000 cubic meters of natural gas!” Dmitry Medvedev, the former Russian president and prime minister who is now deputy chair of the country’s Security Council, tweeted in reaction to Scholz’s move. Just to make sure the message got tweeted in German, too.