16/06/2026
„The apocalyptic narrative of the movie “2012” offers a stark metaphor for contemporary global inequality: while a privileged elite secures survival via pre-purchased sanctuary and chartered transit, the global periphery is left to navigate systemic collapse with vastly inferior resources. This dynamic perfectly mirrors the EU’s geoeconomic behavior during the recent energy crisis. Possessing superior macroeconomic capacity, the EU leveraged its vast capital reserves to aggressively outbid the Global South for critical resources following the Russian invasion of Ukraine.“ 🇪🇺
Is Europe's growing reliance on imported hydrocarbons creating unintended consequences far beyond its own borders? When the EU can outbid others for scarce energy supplies, what happens to developing and emerging economies that cannot afford to compete? And can Europe achieve its climate ambitions without increasing energy insecurity and economic pressure elsewhere in the world?
Read the full article by Barış Sanlı and Caner Can here: https://hagueresearch.org/how-the-eus-hydrocarbon-deficit-threatens-global-energy-security/