Germany will keep buying Russian gas, Merkel says at Davos

Germany will keep buying Russian gas, Merkel says at Davos

German chancellor Angela Merkel delivered a frank assessment of the energy challenges facing her country at the Davos summit today. She said that industrialised countries in the West bore a lot of responsibility when it came to moving to clean energy, since they had emitted a large amount of carbon dioxide.

“Renewables are now the leading area in our energy mix,” Merkel said about Germany. “By 2020, we will have exited nuclear energy and then we have a different problem, in that the only source that can generate energy all the time is brown coal… that obviously emits a lot of CO2.”

She added that Germany “will continue to receive Russian gas, that is clear, but we will also diversify and rely on liquefied petroleum gas, which mainly comes from the United States.” Yahoo Finance reported.

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