https://www.scmp.com/rss/512475/feed Karsten Neuhoff, a professor at the Technical University of Berlin, is head of the Climate Policy Department at the German Institute for Economic Research (DIW Berlin). en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com What would a stop on Russian gas imports mean for European economies? The question sharply divides economists. Everyone agrees there would be negative consequences, but how bad? Predictions range from a mild recession to economic disaster and mass unemployment. Yet for all the intellectual energy that has been expended estimating the magnitude of potential GDP contractions, much less has been said about how to prepare for gas shortages if Russia takes it upon itself to close the taps. It is... https://www.scmp.com/comment/opinion/article/3176449/can-europe-survive-looming-gas-shortages-russia-halts-supplies?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3176449/can-europe-survive-looming-gas-shortages-russia-halts-supplies?utm_source=rss_feed Wed, 04 May 2022 17:30:25 +0000