Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
EU sanctions push stalls ahead of fourth anniversary of Russian invasion
As Europe marks the fourth anniversary of the Russia-Ukraine conflict, EU efforts to tighten sanctions on Moscow have stalled
European gas faces renewed strain after winter drawdowns
Sustained low temperatures have depleted storage levels and exposed the EU’s vulnerability to shocks even as the bloc moves ahead with phasing out all Russian imports
Europe’s rising energy security challenge
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply
Explainer: How the EU will wean itself off Russian gas
Questions remain about how the phase-out will be implemented and enforced in practice
From green goals to ground realities
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
Fear and loathing in US LNG buildout
Overall gas optimism is blighted by concerns over lingering regulatory and infrastructure hurdles that could hamper expansion of US LNG exports, weaken security and stifle AI ambitions
Hungary defends Russian energy use
Claims the country lacks alternatives to Russian oil and gas may be exaggerated, although higher costs and reduced security of supply are legitimate concerns.
Europe’s malaise offers risk and opportunity for Turkey
The EU and Turkey should look beyond stalled accession talks and towards a new partnership that encompasses energy integration and carbon alignment
European gas in strong position as winter looms
Plentiful supplies of LNG and weaker competition from Asia mean the continent looks in good shape ahead of the cold season
GECF pours cold water on US-EU energy trade deal
The framework deal is more about symbolic transatlantic solidarity more than increasing actual trade volumes, according to the GECF
A flood-prone region of Malawi. The world’s poorest are likely to be hardest hit by climate change
Opinion
EU
Adi Imsirovic
London
22 April 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Letter from Europe: The trouble with the trilemma

Pursuing three different goals as part of the same package may mean achieving none of them

The transition away from fossil fuels is often framed as part of an ‘energy trilemma’, with lowering carbon emissions packaged with ensuring affordability and maintaining security of supply. Wrapping several goals together is generally a bad idea. It tends to be a result of negotiations among many diverse parties, each one with somewhat different objectives. The outcome is a compromise with a number of goals, each one of them usually challenging in its own right. The UN-endorsed sustainable development goals (SDGs) are a good example of this. There are 17 of them, and while there is nothing wrong with making efforts to achieve them all, what is problematic is believing they can all be achiev

Also in this section
New Zealand embraces LNG
27 February 2026
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
The shadow fleet is the real chokepoint in 2026
27 February 2026
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
Energy week in Riyadh to convene energy leaders across policy, markets and technology
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
Upstream looks to deepwater rescue
27 February 2026
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search