An environmental fund was created in Germany to help circumvent sanctions against the Nord Stream 2 project. According to the newspaper Süddeutsche Zeitung, this was announced by the Minister of Energy of Mecklenburg-Vorpommern, Christian Pegel.
According to the minister, the legal capacity of the new organization has already been confirmed by the service for the supervision of funds in the Ministry of Justice of Germany. On January 7, the parliament of the German state of Mecklenburg-Vorpommern approved the establishment of a state environmental foundation that would also contribute to completing the construction of the Nord Stream 2 pipeline.
At the time, state Prime Minister Manuela Schwesig explained that the organization is primarily aimed at environmental, natural, and climate protection projects, but at the same time, the possibility of supporting the completion of Nord Stream 2 through the purchase of the necessary equipment is assumed.
As reported by the media, rejection of the construction of the pipeline “Nord Stream – 2” threatens to increase the price of gas and electricity for European consumers.