April 4, 2008 By Robert Amsterdam

A Prescription for Europe, Part 1

eu040308.jpgThe following is the first installment of a series of short policy papers we have prepared, outlining some recommendations for the European Union to reduce dependency on Russian natural gas, increase competition, and deepen energy security. You can download the full version of the paper here. Below is just the introduction. A PRESCRIPTION FOR EUROPE Part 1: Options and Opportunities for Europe to Ease Dependency on Russian Natural Gas Robert Amsterdam, Derek Brower & Tom Nichols April 4, 2008 I. Introduction There are myriad factors contributing to the European Union’s addiction to Russian natural gas, but a lack of awareness is not one of them. In recent years, there have been serious policy efforts and various business initiatives designed to reduce this dependency, yet most have largely failed. Voluminous research and analysis from well known think tanks and knowledgeable individuals have made very clear warnings, yet there is a relative paucity of viable policy proposals. What has prevented the European Union from successfully diversifying its energy suppliers (and thus deepening security), and why should consumers and citizens be concerned about Russia’s domination of the market? What options and opportunities are available for the European Union to improve energy relations with Russia?