Energy

People should cut energy use to stop Ukraine war

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Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a bid to reduce reliance on Russian energy and bring about an end to the war in Ukraine.

The billionaire entrepreneur told CNBC that small personal sacrifices could reduce demand for Russian power, in turn bringing down prices and easing the cost-of-living crisis.

“It’s really important than we get rid of our dependence on Russian oil, gas and coal, and we must do that immediately,” Branson told CNBC’s Rosanna Lockwood.

“If we can reduce the West’s dependence on fuel, say by just 10%, that will free up something like three billion barrels of…



Source cnbc.com

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