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Between 2021 and 2024, Europe paid EUR 930 billion extra for fossil fuel imports due to price shocks and geopolitical crises.
EconomyEuropean Union
- Omissions
- The figure comes from a report cited by media sources, but the original primary report was not identified; sources are journalistic/secondary
- The exact publication date of the report is unclear from available sources
- The calculation methodology for determining 'extra' costs (baseline comparison) is not specified in available sources
- Sources
- SecondaryEUobserverBetween 2021 and 2024, Europe's fossil fuel imports cost €1.8 trillion, up €930bn due to price spikes
- SecondaryEnergy NewsThe EU spent €930bn more on fossil imports between 2021 and 2024
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