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Re:Why the West is reluctant to deny Russian banks access to... by dv_dt on Friday February 25, 2022 @12:57PM (#30470061)
Europe has had plenty of time since the last Russian expansion into the Ukraine. A hard future commitment to finance renewable technology now would give Russia more pause now than sanctions that don't stop SWIFT, or temporarily halt of SWIFT. Part of what gives the large fiscal buffer to Russia is that they're one of the largest fossil fuel producers in the world.
Re:Why the West is reluctant to deny Russian banks access to... by yyyk on Friday February 25, 2022 @01:47PM (#30470655)
I intentionally separated extracting fossils from fossil demand reduction. We should definitely reduce fossil demand for too many reasons, and investing in renewables can help by switching demand.

However, the attempts to reduce fossil extraction don't help the climate (the West just imports from some dictatorship which doesn't care), and ironically have their own negative externality.