With the continuation of Russian aggression in Ukraine and the decrease of temporary foreign energy supplies, the end of the European energy crisis does not seem to be in sight even as we enter 2023. While the question of European energy independence remains unanswered, an old but successful technology used abroad lurks in the background as a possible solution. Considering the current geopolitical situation, local energy resources have never been more vital to European national security than they are now, which is why hydraulic fracturing technology needs to be put on the table if we wish to end the year-long energy crisis.
The 27th session of the Conference of the Parties to the UNFCCC (COP27) is taking place from 6th-18th November in Egypt and will, for the first time, introduce the topic of Climate Compensation for poorer countries experiencing climate disasters. If successful, this is monumental for countries in the global South as they will receive more resources to withstand the effects of climate change.
In view of the upcoming start of COP27, the United Nations Climate Change Conference, this analysis examines the looming challenges faced by people displaced and despoiled by climate-related disasters.