Germany halts Nord Stream 2 fuel pipeline from Russia – what's subsequent?

After Russia’s recognition of separatist areas in Ukraine, Germany paused the certification of a fuel pipeline underneath the Baltic Sea. What does that imply for fuel costs and local weather targets?

Mandatory Credit: Photo by Michael Sohn/AP/Shutterstock (12817867a) Pipes at the landfall facilities of the 'Nord Stream 2' gas pipline are pictured in Lubmin, northern Germany, on Ukraine Nord Stream 2, Lubmin, Germany - 15 Feb 2022

Amenities of the Nord Stream 2 fuel pipeline in Lubmin, Germany

Michael Sohn/AP/Shutterstock

Germany has halted the approval course of for the Nord Stream 2 fuel pipeline, Europe’s most controversial power mission, following Russia’s transfer to recognise separatist powers in two areas in Ukraine and its order to deploy troops to these areas.

Olaf Scholz, chancellor of Germany, mentioned in the present day he was pausing the regulatory certification of the 1230-kilometre pipeline underneath the Baltic Sea, which has been constructed however isn’t operational. “There was a dramatic change within the state of affairs,” Scholz tweeted …