Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Expert: Can a United Front Loosen China’s Rare Earths and Critical Minerals Hold?

June 17, 2025

5 Outstanding Artworks at Liste Art Fair Basel 2025

June 17, 2025

Orange County Museum of Art Discusses Merger with UC Irvine

June 17, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Commodities
Commodities

Putin says European greens capitalising on climate fears By Reuters

News RoomBy News RoomFebruary 17, 2024
Share
Facebook Twitter LinkedIn Pinterest Email
2/2

© Reuters. Russia’s President Vladimir Putin gives an interview to journalist Pavel Zarubin in Moscow, Russia, February 14, 2024. Sputnik/Alexander Kazakov/Pool via REUTERS

2/2

MOSCOW (Reuters) – Russian President Vladimir Putin criticised the green movement in Europe for capitalising on peoples’ fears about climate change, while questioning Germany’s commitment to phasing out coal.

Long demonized by Germany’s Green party, which leads some of the government’s top ministries, coal was due to be phased out by 2030, but Russia’s conflict with Ukraine and gas export curbs brought coal back into favour.

At the same time, Russia’s oil and gas supplies to Europe have dwindled amid the severe political fallout over the conflict.

“Many representatives of this part of the European political spectrum (the greens) are capitalising on people’s fears and inciting people’s fears about the events that may occur in the world due to climate change,” Putin told Kremlin TV reporter Pavel Zarubin on Wednesday evening, mentioning German Foreign Minister Annalena Baerbock.

“And then, capitalising on these fears, which they themselves incite, they pursue their own political line, which is far from what they came to power with. This is what is happening in Germany now,” he added.

“For example, coal generation has increased, it was larger than in Russia in the energy mix. It was larger, and now it has become even larger. Well, where is this ‘green’ agenda?”

Putin himself is known for his doubts about green energy. In 2019 he said that wind turbines were harmful to birds and worms. Russia has promoted as being climate friendly.

Though the electricity system in Germany, Europe’s biggest economy, is making the transition to cleaner energy, coal has helped it avoid energy shortfalls amid plummeting Russian natural gas and coal supplies.

In 2021, Russia supplied 53% of Germany’s coal imports. Between January and October 2023, Russia accounted for 2% of all German imported coal volumes.

Overall, German hard coal imports in the whole of 2023 may have fallen by 26.3% year-on-year to around 33.0 million tons, according to preliminary data.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Oil prices rise on Chinese factory data, but set for yearly declines By Investing.com

Gold prices steady amid thin year-end trading, set for stellar yearly gains By Investing.com

Will the U.S. produce more crude oil under Trump 2.0? By Investing.com

Gold prices edge up as dollar weakens; Fed’s rate outlook keeps traders cautious By Investing.com

Oil prices rise on Chinese optimism, falling US stockpiles By Investing.com

Rising Gas Prices Threaten More Woe for the UK Economy By PoundSterlingLIVE

Jefferies lists 10 key questions By Investing.com

Gold prices edge higher on slightly weaker dollar; set for best week since mid-Nov By Investing.com

Oil prices slipped lower; set for second straight weekly gain By Investing.com

Recent Posts
  • Expert: Can a United Front Loosen China’s Rare Earths and Critical Minerals Hold?
  • 5 Outstanding Artworks at Liste Art Fair Basel 2025
  • Orange County Museum of Art Discusses Merger with UC Irvine
  • In pictures: Art Basel’s Unlimited sector offers visions of utopia
  • Legal & General puts asset management front and centre as it reiterates private markets push

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

5 Outstanding Artworks at Liste Art Fair Basel 2025

June 17, 2025

Orange County Museum of Art Discusses Merger with UC Irvine

June 17, 2025

In pictures: Art Basel’s Unlimited sector offers visions of utopia

June 17, 2025

Legal & General puts asset management front and centre as it reiterates private markets push

June 17, 2025

Traders focus on chance of just one 2025 Fed rate cut — or zero — due to tariffs, Mideast

June 17, 2025
Facebook X (Twitter) Instagram
© 2025 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.