A family cooks outdoors due to lack of electricity and gas next to a residential building damaged in a Russian bombing in Bakhmut, eastern Ukraine, Monday, May 30, 2022. In towns and cities near the fighting in eastern Ukraine, artillery and missile strikes have downed power lines and punched through water pipes, leaving many without electricity or water as repair crews race to repair the damage. (AP Photo/Francisco Seco)

MOSCOW – Russian President Vladimir Putin on Friday blamed the United States and Europe for the energy problems they’re facing, saying they stoked fears about climate change to boost support for renewable energy but then underinvested.

Speaking on Russian TV, Putin said those countries adopted a short-sighted policies that relied too heavily on renewable energy sources such as solar, wind and hydrogen.

Those technologies weren’t yet ready for massive deployment or were too expensive, he said, and Europe and the United States downplayed the role of what they were supposed to replace: hydrocarbons. The result was under-development and under-investment in energy, and an increase in prices, according to Putin.

Exacerbating the problem, in his view, is that Europeans – despite Moscow’s warnings – declined to maintain long-term natural gas supply contracts with Russia.

The higher natural gas prices also increased fertilizer costs. Natural gas is heavily used in fertilizer manufacturing.

“But we warned about that, and it’s not connected in any way to Russia’s military operation in Donbass,” Putin added.

Several European countries are heavily dependent on Russia oil and natural gas and have been rushing to find alternatives now that they have adopted sanctions — including energy embargoes — against Moscow for its military operation in Ukraine.

News from © The Canadian Press, 2022. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • 0079 Ministry of Energy Business_incentive PO
    0079 Ministry of Energy Business_incentive PO
  • 0078 LHOS 2024
    0078 LHOS 2024
  • 0077 Caprice Resources Stand Up For Free Speech
    0077 Caprice Resources Stand Up For Free Speech
  • 0053 Kingston Midstream Westspur Alameda
    0053 Kingston Midstream Westspur Alameda
  • 0076 Latus only
    0076 Latus only
  • 0073 SaskWorks-Pipeline Online
    0073 SaskWorks-Pipeline Online
  • 0063 Turnbull Excavating hiring crusher
    0063 Turnbull Excavating hiring crusher
  • 0061 SIMSA 2024 For Sask Buy Sask
    0061 SIMSA 2024 For Sask Buy Sask
  • 0058 Royal Helium Steveville opens anonymous rocket
    0058 Royal Helium Steveville opens anonymous rocket
  • 0055 Smart Power Be Smart with your Power office
    0055 Smart Power Be Smart with your Power office
  • 0051 JML Hiring Pumpjack assembly
    0051 JML Hiring Pumpjack assembly
  • 0049 Scotsburn Dental soft guitar
    0049 Scotsburn Dental soft guitar
  • 0046 City of Estevan This is Estevan
    0046 City of Estevan This is Estevan
  • 0041 DEEP Since 2018 now we are going to build
    0041 DEEP Since 2018 now we are going to build
  • 0032 IWS Summer hiring rock trailer music
  • 0022 Grimes winter hiring
  • 0021 OSY Rentals S8 Promo
  • 0018 IWS Hiring Royal Summer
  • 0013 Panther Drilling PO ad 03 top drive rigs
  • 0011
  • 0006 JK Junior
  • 0002 gilliss casing services
    0002 gilliss casing services
  • 9002 Pipeline Online 30 sec EBEX
    9002 Pipeline Online 30 sec EBEX
  • 9001