Comment by MadDemon

Europe might not have much oil and gas, but the future is in renewables anyways. Western Europe has a lot of wind potential at the coastlines. Northern Europe and the alpine region already mostly run on hydro. Southern Europe has good solar potential. And the continent is very compact, so distributing the electricity can be done quite cheaply, since the distances are small. That seems like a pretty good setup for a clean energy future to me.