Russia’s war on Ukraine has greatly clarified the need for non-Russian energy sources. Will the rest of the world rise to the challenge?
How long can Russia afford to wage a ground war in Europe? One might be reasonably skeptical of answers coming from those who didn’t see any prospect for Russia to invade Ukraine. The answer, as with any war, will emerge from what we learn about not just battlefield capabilities, but also about the financial capabilities of the counter-parties to sustain war, and the non-military capacities each side has to inflict economic harm on the other.
Continue reading the entire piece here at National Review (paywall)
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Mark P. Mills is a senior fellow at the Manhattan Institute; a partner in Cottonwood Venture Partners, an energy-tech venture fund. Based on a recent MI report.
This piece originally appeared in National Review Online