Labor Shortages Threaten to Derail Europe's Energy Security Pivot

The European Union has drawn a line in the sand. By 2027, the bloc intends to phase out Russian natural gas imports completely. But as the policy ink dries in Brussels, a new challenge is emerging in the real economy… We might not have enough hands to build the infrastructure that replaces it. International Energy Agency (IEA) Executive Director Fatih Birol stood alongside European Commission President Ursula von der Leyen last week and called it the "end of an era." But he also delivered a warning. The transition away from Russian…