This article is part of our special report Future of gas.
European Commission President-elect Ursula Von der Leyen committed herself to very ambitious emissions reduction goals for 2030 – “at least 50%” instead of the current 40%. Key EU Member States have already signalled support.
To achieve this, phasing out coal quickly is an essential first step. This will only be feasible with the help of natural gas as a flexible, efficient, storable and reliable option to complement renewable energy sources.
Nord Stream 2 will contribute to achieving the EU’s ambitious, climate-friendly energy transition while safeguarding competitiveness, affordability and prosperity for European households and businesses.