NEWS: The Biden administration is preparing additional sanctions on the controversial Russia-Germany gas pipeline Nord Stream 2, as lawmakers demand the pipeline project be derailed before it’s too late. politico.com/news/2021/03/1…
The German government has floated several potential offers to get the U.S. to lay off the pipeline, said people familiar with the conversations, including trade deals and increased investment in green energy projects in Europe and Ukraine.
One lobbyist involved in efforts to stop the pipeline said that some inside the administration hope they can buy time until Germany’s federal elections in September, which could see the country’s Green party gain power and potentially pull out of the pipeline project.
The pipeline is over 90% done. But lawsuits targeting the Danish permits for the pipeline will likely keep construction on pause at least until May, said Constantin Zerger of Environmental Action Germany, the group leading the courtroom efforts.
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