Are Energy Sanctions Working?

Are Energy Sanctions Working?

NATIONAL JOURNAL 10/06/14
By Clare Foran and Ben Geman

WHAT INSIDERS ARE SAYING

ARE ENERGY SANCTIONS WORKING? Despite U.S. sanctions aimed at Moscow’s energy sector, oil production is up in Russia. Should sanctions be stronger to achieve U.S. diplomatic aims? What’s the best metric to gauge success?

“Without question, oil and gas remains a persistent driver of conflict, doing damage to social, economic, and environmental stability. But there is another way. And now, as tensions rise between the West and Russia, the optimal moment to make the case for a more sustainable energy transition is now.” —Michael Shank, associate director for legislative affairs, Friends Committee on National Legislation