Commentary
Russia’s oil and gas revenues are fueling its war in Ukraine. The money that China, India, Germany, Japan, and others provide Moscow for their hydrocarbons goes to building the weapons that kill Ukrainian children. It’s wrong and should stop.
Many countries delay or defect from sanctions because they depend on Russia for cheap energy. Despite Russia’s invasion of Ukraine in 2014, continued purchases from Moscow, even now, give Vladimir Putin a green light to take yet more territory in 2022.
Canada just released a gas turbine to Germany, for example, so that it can import more Russian gas. Ukraine denounced the transfer, but this enabling of Russian gas exports has the Biden administration’s support. If it might decrease the cost of natural gas, lower inflation, and mitigate the risk of a global recession—even just a little and in the short term—it will get the attention of the Biden reelection committee….