How Europe cut Russian gas dependency from 40% to 11% in under two years

And in the wake of Russia's war in Ukraine, we cut our Russian gas dependency from 40 to only eleven percent in under two years.

4:36 / 4:57

And in the wake of Russia's war in Ukraine, we cut our Russian gas dependency from 40 to only eleven percent in under two years. So that's an industrial transformation in real time. So when the stakes are high, Europe doesn't just respond, it reinvents, we reinvent ourselves.

About this clip

A speaker highlights Europe's remarkable industrial transformation following Russia's invasion of Ukraine, demonstrating how the continent rapidly reduced its Russian gas dependency from 40% to just 11% in under two years. The clip emphasizes Europe's ability to reinvent itself when faced with high-stakes challenges.

Why this clip

This moment captures a striking example of rapid large-scale industrial change driven by geopolitical crisis, demonstrating Europe's resilience and adaptability.

4:36 - 4:5721smarket insight

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