The Pollyanna strategy: Making the most of US-German agreement on Nord Stream 2
The Pollyanna strategy: Making the most of US-German agreement on Nord Stream 2
Author(s): Anna MikulskaSubject(s): Energy and Environmental Studies, Economic policy, Environmental and Energy policy, Socio-Economic Research
Published by: Foreign Policy Research Center
Keywords: Pollyanna strategy; Nord Stream 2; EU; Europe; Environmental and Energy policy;
Summary/Abstract: The Nord Stream 2 (NS2) pipeline has been completed. After being delayed by US sanctions for more than a year, it could soon be ready to move up to 55 billion cubic feet of Russian natural gas directly into the EU each year. Any additional delay was averted, as the US abstained from imposing new, harsher measures. This decision was underwritten by a joint statement of the US and Germany, which expressed their commitment to supporting Ukraine, energy security and the climate goals of the region. Though criticised by many in Central and Eastern Europe (CEE), if well put into operation the agreement could have a real potential to support the goals that it stipulates. However, proactive, goal-oriented and well-planned behaviour on the part of the regional players will be essential.
Journal: Lithuanian Foreign Policy Review
- Issue Year: 2021
- Issue No: 40
- Page Range: 29-31
- Page Count: 3
- Language: English