Svitlana Krakovska, who heads the applied climatology laboratory at Ukraine’s Hydrometeorological Institute, says fossil fuel dependency is the root of the Russia-Ukraine conflict. Europe’s dependency on Russian oil has pumped enough money into Russia to reinforce its military. Money from oil and gas exports contributed 43% to the Kremlin’s budget, which is a large chunk.
The UN Secretary-General also warned that the world came out of last year’s climate summit with a ‘naive optimism’ and that the world is ‘sleepwalking into death’ because of its addiction to fossil fuels. In 2021, Russia exported commodities worth $492 billion, of which 75% was from oil. A report from Transport & Environment estimates that Europe pays about $104 million per day to Russia for oil, for gas it pays about €100 million per day more. That’s why Russia has a strategic upper hand in this situation of conflict because it can starve off the whole of Europe of oil and gas, and right now, there is no immediate way out of it.
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.
