EU to commit to phasing out dependency on Russian energy

By RAF CASERT
Associated Press

BRUSSELS (AP) — The European Union is seeking to fully phase out its dependency on Russian energy “well before 2030” to ensure the 27-nation bloc no longer faces difficult decisions about hurting their own economies in geopolitical crises like the invasion of Ukraine. The EU leaders meet in Versailles outside Paris for a two-day summit starting Thursday and will be working on ways to reduce their dependency on Moscow for fossil fuels. At the same time, the European Commission already has proposals to make it happen. The EU’s executive arm said its measures “can reduce EU demand for Russian gas by two-thirds before the end of the year” as a first step.