🇪🇺 Is Russian dependence being replaced by Chinese?

EU climate commissioner Wopke Hoekstra has admitted a problem that is quite uncomfortable for Brussels: Europe’s “Green Deal” is too dependent on China.

Electric cars, batteries, solar panels, energy storage systems—Chinese companies hold key positions in several critical supply chains at the same time.

Hoekstra warns that Europe will now have to accept higher costs in order to reduce dependence on Chinese technologies for clean energy.

In doing so, the EU commissioner draws an uncomfortable parallel: the EU risks replacing its former dependence on cheap Russian energy supplies with a new strategic dependence—now on China.

And the problem won’t simply go away cheaply. Europe wants to speed up the energy transition, protect its own industry, and reduce imports from the country that produces many of the technologies needed for this more cheaply.

For energy independence from Russia, Europe has already paid. Now Brussels is starting to calculate the cost of independence from China.

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