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Nord Stream 2 – A step in the wrong direction

Nord Stream 2 is a gas pipeline, that carries non-renewable natural gas into the European Union, from Vyborg, Russia to Lubmin, Germany. According to Nord Stream AG (the operator of the project), the overall costs of the construction of the 764 mile long pipeline are estimated to total around 9.5 billion euros (which is enough money to fund the construction of over 6000, 800kW wind turbines, in Britain). The gas that the pipeline is to carry, lies in northern Russia’s Yamal Peninsula, which holds nearly 5 trillion cubic meters of gas reserves, according to the Nord Stream 2 consortium. The aims of the transportation of the natural gas are to enhance the security of supply, to strengthen the internal market, and to relieve pressure on other sources within the EU that previously supplied all the non-renewable resources since the EU’s domestic gas production is in rapid decline. However, it is debatable as to whether relying on other sources of natural gas is the best way forward for our economies and for our planet. Currently, the EU has committed to finance projects worth 168.7 billion euros, of which 21%  will go to measures to address climate change. Why spend this much money on reversing the effects of climate change, if Nord Stream 2 is to be built? 

Over the past decade, we have seen a drastic increase in the demand for the use of renewable resources, in response to the ever-increasing climate change issue. As we all know, climate change will not only affect the weather and temperature of our planet, but it will also hinder human life and activities in a variety of ways. A simple example of this would be the increase in global food insecurity and reducing crop productivity, which feeds our ever-growing population. Over time, farmers have adapted to the weather patterns, planting crops accordingly, however, climate change is altering temperature and rainfall patterns, potentially affecting which crops can be planted at which times throughout the course of the year. I believe that we struggle to understand that climate change can be positively impacted by the individual efforts of the human race, as many wrongly-believe that this global issue could, and should have been resolved by our governments, therefore deeming the global political system incompetent. While it is true that governments should increase the focus surrounding reversing climate change, individual countries and their citizens must cooperate, to reduce their overall carbon footprint; something that will be very difficult to do with the influx of natural gas delivered by Nord Stream 2.

By Ella

Hello everyone, I’m Ella! I am currently studying Economics as one of my A-levels, and I have really enjoyed the course so far! I love learning about how dynamic the world around us can be, whether this is through Economics, Politics, or International Relations. I would love to study Politics and International relations at university in the next couple of years! I believe economics and politics are the basis of the entire world around us and I look forward to furthering my knowledge on its intricate mechanisms.