Welcome to Fair Energy’s fourth newsletter. The Finnish Government has blasted Nord Stream 2 saying that it incurs risks which could damage the Baltic Sea habitat and also human health.
This is a severe setback to the proposed Russian gas pipeline since, under EU law, Finland would have to disallow the project where it is found to adversely affect the integrity of the environment.
The Finnish Centre for Economic Development, Transport and the Environment has found that the pipeline would cause significant direct and indirect harm human health, biodiversity, especially conserved species and habitats.
Coming on top of President Trump signing into law possible US sanctions against energy companies assisting Russia, will this have a significant impact on other countries’ approval regimes when it comes to signing off the Nordstream 2 pipeline?