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Europe to phase out reliance o...

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Europe to phase out reliance on Russian oil, gas and coal by 2027

RedFM News
RedFM News

05:23 11 Mar 2022


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Europe is to phase out the reliance on Russian oil, gas and coal by 2027.

The European Commission is to outline its plans by mid-May.

European Commission President Ursula von der Leyen says it's part of its shift towards investment in renewable energy sources:

"Renewables are homegrown they create jobs here in Europe. They are a strategic investment in our security, and in our independence. By mid May, we will come up with a proposal to phase out our dependency on Russian gas, oil and coal. By 2027."


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