Note: It is indeed possible for the EU – including Germany too – to immediately cut Russian oil imports to zero and not suffer prolonged high oil prices. How? I will explain in a coming post. This is a topic I have been working on intensively the past couple weeks.
I mention some of my (and others’) rationale for saying this in my answer to the second question from Al Jazeera. NOTE: A very good reference on this is: Christof Rühl speaking last week to bne inelligence. I strongly concur with him. (this note added 15 Mar.)
Best, Tom O’D. @twodtwod and my LinkedIn:
PS I am available for webinars and talks on energy and geopolitical issues related to the Ukraine crisis, esp. to civil society groups and policy makers in governments working on these issues. T. O’D.
Private contact/comments: Email: twod[at]umich.edu