Ongoing geopolitical tensions between Russia and both Ukraine and NATO placed the issue of energy security front and center during the recent EU-US Energy Council meeting. There is increasing international consensus around the need to shift to net-zero emissions, and growing recognition of the socioeconomic and security risks presented by climate change.
Prioritising energy efficiency and accelerated clean energy deployment represents a transatlantic strategy that can yield a double dividend: boosting energy security for the European Union (EU) and Ukraine and delivering on the shared climate security agenda. Going forward, the EU and United States (US) have an opportunity to:
- Continue to demonstrate transatlantic solidarity in tackling the current crisis; and
- Show that the energy security equation has changed and will continue to change by placing the accelerated deployment of energy efficiency and clean energy at the center of transatlantic cooperation.