How to weaken Russian oil and gas strength

Ricardo Hausmann; Agata Łoskot-Strachota; Axel Ockenfels; Ulrich Schetter; Simone Tagliapietra; Guntram Wolff; Georg Zachmann

doi:10.1126/science.abq4436

How to weaken Russian oil and gas strength

Ricardo Hausmann, Agata Łoskot-Strachota, Axel Ockenfels, Ulrich Schetter, Simone Tagliapietra^*, Guntram Wolff, Georg Zachmann

^*Autore corrispondente per questo lavoro

Risultato della ricerca: Contributo in rivista › Articolo in rivista

Abstract

Oil and gas exports revenues, estimated at around USD 1 billion per day, represent Russia’s key geopolitical and economic strength. The European Union is the first buyer of Russian oil and gas. The Letter argues that to weaken Russian oil and gas strength while minimizing impacts on its own economy, the EU should rapidly introduce a tariff on Russian oil and gas imports. The tariff can be adapted to the economic and political dynamics of the conflicts.

Lingua originale	English
pagine (da-a)	468-469
Numero di pagine	2
Rivista	Science
Volume	376
DOI	https://doi.org/10.1126/science.abq4436
Stato di pubblicazione	Pubblicato - 2022

Keywords

Russia
Sanctions

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10.1126/science.abq4436

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AU - Hausmann, Ricardo

AU - Łoskot-Strachota, Agata

AU - Ockenfels, Axel

AU - Schetter, Ulrich

AU - Tagliapietra, Simone

AU - Wolff, Guntram

AU - Zachmann, Georg

PY - 2022

Y1 - 2022

N2 - Oil and gas exports revenues, estimated at around USD 1 billion per day, represent Russia’s key geopolitical and economic strength. The European Union is the first buyer of Russian oil and gas. The Letter argues that to weaken Russian oil and gas strength while minimizing impacts on its own economy, the EU should rapidly introduce a tariff on Russian oil and gas imports. The tariff can be adapted to the economic and political dynamics of the conflicts.

AB - Oil and gas exports revenues, estimated at around USD 1 billion per day, represent Russia’s key geopolitical and economic strength. The European Union is the first buyer of Russian oil and gas. The Letter argues that to weaken Russian oil and gas strength while minimizing impacts on its own economy, the EU should rapidly introduce a tariff on Russian oil and gas imports. The tariff can be adapted to the economic and political dynamics of the conflicts.

KW - Russia

KW - Sanctions

KW - Russia

KW - Sanctions

UR - http://hdl.handle.net/10807/221487

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DO - 10.1126/science.abq4436

M3 - Article

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VL - 376

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EP - 469

JO - Science

JF - Science

ER -

How to weaken Russian oil and gas strength

Abstract

Keywords

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