EU plans ‘massive’ increase in green energy to help end reliance on Russia
by Jennifer Rankin in Brussels from on (#5ZC9X)
European Commission says extra 210bn needed over next five years to pay for phasing out of Russian fossil fuels
The EU plans a massive" increase in solar and wind power, and a short-term boost for coal, to end its reliance on Russian oil and gas as fast as possible.
In a plan outlined on Wednesday, the European Commission said the EU needed to find an extra 210bn (178bn) over the next five years to pay for phasing out Russian fossil fuels and speeding up the switch to green energy.
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