As tensions in Ukraine continue to rise, G7 countries have decided to impose new sanctions on Russia. Sanctions targeting the energy sector, which account for roughly 25 percent of Russian GDP and half the country’s budget revenues, have increasingly gained support. Yet, energy sanctions are not the way to go, as the price will be too high—not for Russia, but for Europe. Instead, as Tim Boersma and I argue, policy strategies should aim at disentangling energy from indisputable security aspects surrounding the Ukraine crisis. Read the piece on Brookings’ Foreign Policy Blog.
- The governance of energy infrastructure needs a rethink
- Understanding the risks of sanctioning Russian oil