Photo credit: St Petersburg International Gas Forum

    “We all would like for the energy transition to be completed instantly, but reality is such that renewable energy sources and gas will for the moment exist together in Europe,” Stern told the gathering.

    “At the moment, there aren’t enough renewables and there isn’t enough gas. The situation in Europe shows that we need gas.”

    Stern also expressed hope that gas supplies would soon begin moving through the Nord Stream 2 gas pipeline and help cover demand for gas in Europe.