U.S., EU Announce Partnership To Undercut Russian Energy

The video discusses the European Union's efforts to reduce its energy dependence on Russia, particularly in liquefied natural gas (LNG). Currently, 40% of Europe's natural gas comes from Russia. The US and other nations plan to increase LNG volumes for the EU by 15 billion metric tons in the next year, while maintaining climate goals by using clean energy for new LNG infrastructure. President Biden emphasized reducing reliance on Russian energy, highlighting its use in funding war efforts. The US has banned Russian energy imports. The US and EU will work with stakeholders to reduce natural gas demand, suggesting energy-efficient technologies like smart thermostats.

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