korrents

korrents · piece

Imposing Sanctions on Russian Energy Exports

Simon Johnson · 4 Mar 2022

Read the piece on baselinescenario.com ↗

3 korrents from this piece ↓

Simon Johnson did not write this page.

Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.

  1. Our reading

    Sanctions on Russian energy exports have failed to meaningfully reduce Russian energy revenue or financial capacity.

    Their wordsSanctions imposed in response to Russia's invasion of Ukraine are not degrading Russian energy production capacity or putting enough pressure on Russian financial markets.

  2. Our reading

    The only effective way to pressure a government's public finances through sanctions is to sharply cut purchases of its key exports, such as oil and gas.

    Their wordsThe only way to put real pressure on Russian public finances is to buy a lot less oil and gas from Russia.

  3. Our reading

    Reducing purchases of Russian gas is essential to global security and regional stability.

    Their wordsReducing gas purchases from Russia is essential for global security and any resumption of regional stability.

Keep reading