Germany accused of hypocrisy over Arctic gas project

(Sky News, London, 16 July 2021) As deadly flooding ravages parts of Germany, the country’s government is still considering massive investment in a Russian-led gas project known as Arctic LNG II. Germany has been accused of “pure play hypocrisy” for complaining of the impacts of climate change brought by this week’s catastrophic flooding while signalling support for a new gas project in the Arctic. Reuters has reported that France’s Bpifrance, Germany’s Euler Hermes and Italy’s SACE were among the state-backed international lenders considering providing about $9.5 billion in financial support for the project.