1、KEY POINTSThe Russian invasion in Ukraine has led to the crumbling of Europes Ostpolitik.The current energy and geopolitical crisis has demonstrated the need for a new European energy and climate security strategy.European governments are not only struggling to guarantee a reliable and cheap supply
2、of energy but are also failing to overcome a fossil fuel lock-in.he most effective way to stop the Kremlins aggression is for Europe to ban oil and gas im-ports from Russia that could cripple the Rus-sian economy in 8 to 11 months.There is a need for a common EU gas pur-chasing mechanism to secure g
3、as stocks and ensure alternative gas supplies.The EU should replace natural gas in the energy mix with locally-sourced renewable energy.There is an urgent need to screen and block all Russian strategic investments in Europe tied to Kremlin-linked companies.In the long run,a full fossil fuel phase-ou
4、t is the most sustainable way to improve energy and climate security.Decarbonizing energy mar-kets will also deliver a blow to the Kremlins economic and political influence in Europe.EU ENERGY AND CLIMATE SECURITY STRATEGY TO COUNTER THE RUSSIAN AGGRESSION IN EUROPEPolicy Brief No.108,March 2022The
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