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What does war in Ukraine mean for the climate? Part 2: Energy Security

The Climate Question

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Is Russia a Threat to the Global Economy?

When europe pays russia for its pipe natural gas, nancial sanctions mean russia can't always access the money. President poten has issued an ultimatum. Countries imposing sanctions against russia will have to pay for their gas directly into a russian bank which isn't subject to sanctions. Oxana: If europe completely cuts itself off from russian oiling, as what would happen to the global economy? I think it certainly will push european economy into recession. And it's almost inevitably going to push the whole global economy into recession, because it is a very, very large part of the international economy.

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