Europe is doubling down on their renewable energy insanity, despite Russia’s President Putin threatening at any moment to permanently shut down Europe’s gas supply.
‘Prepare for total cut off’ EU in crisis as Russia threatens supply – but UK has lifeline
THE EUROPEAN Union has been scrambling to secure its energy by rationing supplies after Russia threatened to cut off exports completely.
08:17, Mon, Jul 11, 2022 | UPDATED: 08:17, Mon, Jul 11, 2022
France’s economic and finance minister has warned that Russian President Vladimir Putin will most likely cut off gas supplies to Europe as a response to the sanctions imposed by the EU. The French minister warned that this move could spark chaos across the continent, as countries have reportedly begun making planned lists of companies which will get priority access to energy supplies in the event of a severe shortage.
…
Fears of a complete cut-off have intensified after Putin threatened to trigger a “catastrophic” energy crisis if Western powers continue to press sanctions on Moscow.
In a speech on Friday, he admitted that while the sanctions imposed by the West have hurt Russia’s economy, he pointed out that the record inflation and cost of living crisis “reveals, once again, that sanctions on Russia end up causing much more harm to those countries that impose them.
“The further use of sanctions could lead to even more severe consequences, even, without exaggeration, catastrophic consequences on the global energy market.”
…
Read more: https://www.express.co.uk/news/science/1638500/eu-crisis-russia-total-cut-off-gas-putin-threaten-supply-uk-lifeline-energy-rationing
Anyone who thinks Putin can’t afford to do this, think again. China and India are buying energy from Russia as quickly as Russia can ship it, so much so that Russia is now China’s biggest oil supplier. Russia can live without the income it currently receives from sales of gas to Europe.
Despite this credible threat of an imminent energy supply collapse, Europe is doubling down on their renewable energy insanity.
The sane response would be for Europe to divert all available cash to developing shale gas and coal resources, to start producing more domestic gas as quickly as possible. But this simply isn’t happening on the scale required to stave off disaster.
Despite decades of green failure, which has left Europe utterly dependent on Russian gas, Europe’s leaders still believe in fairy tales. Europe’s leaders continue to embrace the fantasy that renewable energy is a viable option for powering Europe.
Germany is now way out in front in having retarded politicians with a plan to destroy their country. Having decided that coal and clean nuclear were not the way to go alongside the wind and solar insanity, that just left gas. And we can see how good a plan that turned out to be when you have no gas production and rely on a country you have pissed off to supply you. So having lied that the nuclear plants can’t be restarted, it is all in on coal. But….there are no coal stocks at the power stations and the transport barges are already in full use with some having moved to the Danube to transport grain from Ukraine. And it is summer and dry so water levels are at a lower level. Hard not to laugh but I don’t think the German people will be finding it too funny. Did they vote for all this any more than anyone else or was it just foisted upon them by a failed democracy like here in the UK?
Don’t think they have heard the line about not biting the hand that feeds you……
Don’t poop where you Doop?
We (EU) shut down Nord Stream 2, and plan to end irreplaceable Russian gas from Nord Stream 1
Fact Check: Russia can guarantee EU energy security – Moscow. July 8
https://www.rt.com/business/558636-russia-guarantee-eu-energy-security/
“We completely reject any hint or direct statement that Russia is using gas or oil as a weapon of political pressure. This is not the case. Russia is consistently fulfilling all its obligations, and Russia is still capable of guaranteeing Europe’s full energy security. Russia is able to guarantee that taxpayers in European countries will not get the off-the-scale electricity and heating bills like those they receive now,” Peskov told reporters in Moscow.
EU’s top court rules in favor of shelved Russian pipeline: July 12
https://www.rt.com/business/558851-nord-stream-eu-court/
Germany reveals when it will wean itself off Russian energy: July 13
https://www.rt.com/russia/558887-germany-energy-russia-dependence/
The country will stop buying coal on August 1 and oil on December 31, the deputy finance minister has said
Good leaders don’t parrot baseless unscientific lies such as catastrophic anthropocentric climate change. Liars do. Climate policy induced Austerity will increase social unrest to the point of revolution, leading to a change of elites as Putin said. To attempt to escape this fate, bad leaders refuse responsibility for their own actions, and project them onto a designated enemy, such as Putin. “Putin’s Gas Hike”. Thus Pursuing policy of ever increasing austerity will lead to global conflict and war, potentially nuclear war, which could hurl the world into a mini ice age that could last for thousands of years, according to a study recently released by Louisiana State University. Demonstrating why humanity mustn’t base policy upon lies. Unscientific lies create problems that didn’t exist before, and diverts attention away from fixing real problems in the world…
anthropogenic rather
And how much more shit do you print from that Kremlin propaganda channel RT??
You get paid by them to replicate all that crap here??
Holding the world to Ransom: End of global economy, $380 a barrel crude if western leaders price cap Russian crude.
The Group of G7 threatened to hold the world to ransom with an embargo on irreplaceable Russian Crude shipments to customers around the globe, unless Moscow agrees to sacrifice its sovereignty to accept a price cap on Russian oil to limit Moscow’s ability to generate revenue from sales… undermining what little Global trust remains in western leaders.
“The most obvious and likely risk with a price cap is that Russia might chose not to participate and instead retaliate by reducing exports,” causing the cost of oil to skyrocket, the JP Morgan analysts wrote in a note seen by Bloomberg. $380/Barrel oil would basically bring the global fossil fuel powered World economy to a grinding halt. The global economy would crash well before that price. It could crash even at the current level, if lockdown’s are allowed to continue.
And for what? Apparently for nothing.
Blaming the high energy prices and inflation in the West on Russia – “Putin’s price hike,” as the White House put it – is “stupidity” and “designed for people who can’t read or write,” the Russian president said. “Don’t blame us, blame yourselves,” Putin said.
The EU “blindly believing in renewable sources” and abandoning long-term natural gas contracts with Russia led to the spike in energy prices last year, according to the Russian leader. Meanwhile, both the US and the EU addressed the Covid-19 pandemic by printing trillions of dollars and euros.
Biden stated: “I Guarantee you, we’re going to end fossil fuel.” (video speech)
Seems the climate death cult wants to accomplish an end in a matter of weeks and months what would otherwise happen naturally over a protracted expanse of hundreds, perhaps thousands of years… allowing humanity to properly adjust. Here we teeter on the cusp of technological singularity thanks to fossil fuels. If or when fossil fuels are depleted humanity must turn to HHO and perhaps the solar system to gather earth greening life giving non-renewable Co2 with AI driven robotics.
HHO, We built a water fueled engine THAT WORKS! (may 2022, just watch): VIDEO
The Myth of Overpopulation & The End of Limited Resources: Why Zero Sum Theory is False: VIDEO
Myth of the Sixth Mass Extinction Debunked: Willis Eschenbach, ICCC7: VIDEO
None of this would have happened if we did not overthrow Kiev in 2014 and replace a government at peace with both Russia and Ukraine with a hostile regime on Russia’s doorstep that was asking the west for Nukes. Don’t worry, there are a few quotes from RT in here.
In the words of the last legitimate Ukrainian Prime Minister: “To prevent World War III and an attack on Russia with nuclear weapons, the Russian government decided to neutralize the threat and restore order in Ukraine” – former Ukrainian P.M. Azarov
Article titled “Former Ukrainian Prime Minister Claims Putin Saved Hundreds of Thousands of Lives”
Question more.
Meanwhile, trading in the shares of the largest French electricity generator (with large financial commitments interests in the UK) has been suspended, ahead of possible nationalisation.
All due to Europe’s energy crisis caused by Ukrainian war, peasants are on verge of revolting, war or no war, covid and the rest.
On plus side, the greatest son of Monte Negro won yet another (7th) Wimbledon title.
None can’t beat market forces forever, while electricity price has exploded throughout Europe, French decide to do a quick ‘short circuit’ at 4%.
No surprise that it is not going to work.
Novak the unvaccinated. May not be allowed to play in the US Open.
Deported by the neo-Fascisti in Oz (Klaus’s cult members)
Perhaps not having the damage caused by the jabs is an advantage?
Quite a few of us Aussies were appalled by our government’s action against Novak. Especially now, since you can enter the country unvaccinated, just as long as you do not have COVID when you arrive. In redemption, can I say that I barracked hard for Novak at Wimbledon. The thought of that graceless and unsportsmanlike, regrettably Australian grub Kyrios winning Wimbledon was really too much to bear.
Here’s an admirable son of your country
https://rumble.com/v18h97m-globalist-predators-and-major-bankers-control-governments-around-the-world-.html
He has decided to come thru the US southern border as an immigrant . You don’t need to be jabbed.
I think its nuclear plant corrosion problems have more than a little to do with that…
All power plants, with any heat source, have ongoing corrosion problems that are successfully dealt with.
Corrosion had something to do with a Wimbledon win?
Yes, Novak lost at Roland-Garros.
Telegraph said royals are his supporters
Prince George has made his first visit to Wimbledon, with his father suggesting the eight-year-old is supporting Novak Djokovic to win the tournament. Prince George was also asked who he was going to support and appeared too shy to answer – so the Duke of Cambridge looked at him and whispered: “Djokovic,”
We are still tribal clans over-there, our families come from MN area some 20 miles apart.
As revealed some time ago, a design defect of the newer plants, not a problem with the older plants; nothing intrinsic to nuclear power.
Twat!
Sure show you know F-all about the effects of boiling water.
Merkel and her successor are the latest in a long line of inept dreamers aka politicians who were/are in thrall to what they perceive as their voter base – after all their only raison d’être is to get re-elected to continue to snout snorkel the taxpayer trough of gold. Those with better memories can add to the list but Rutte and his ilk (with their hordes of compliant incompetent sycophants in their Civil Services) also appear to be hell bent on perpetuating the WEF BBB mantra infused policy which appears to be uncontrolled immigration, destruction of the economy, pursuit of impossible and insane Net Zero, and reboot with aid and assistance from the CCP central planning office.
Germany, Australia and England are competing on who can be the best crash test dummies on climate change.
I think The Netherlands might be ghosting in unseen, like John “The Ghost” White in the Spurs Double winning side of the 1960s
With Carrie Johnson gone can the Tories elect someone to pull us back from the brink, or send us hurtling over the edge? We’ll have to see.
I think Sri Lanka is currently leading by the length of the straight.
yes they voted this in for the last 30 years
1) You are assuming that “career politicians”, not just the “retarded” ones, are capable of the mental activity known as “planning”.
History shows that you (and I) cannot blindly make that assumption.
2) It’s a marathon not a sprint. The delays from “cause to effect” are measured in months and years (or even decades), not “the 24-hour news / Twitter cycle”.
See : Sri Lanka. “Let’s go organic, no more fertiliser imports” was in April 2021, the “angry mob invades presidential palace” stage didn’t happen until this week.
3) While Germany can be seen as “way out in front” in the blind arrogance and stupidity sweepstakes right now, the UK, (South ?) Australia, Canada and the Netherlands (+ ???) are catching up remarkably quickly.
I think the planned failure is now clear and willful self destruction is now obvious. Destroying GLOBAL food supplies, Global energy supplies, and Global health, instigating wars, while at the same time massive promotion of insane woke social justice ideals which destroy the ideal of family, create gender confusion and physical-psychological identity crisis in millions, and allowing massive influx of more millions of folk with zero ideology to the nations they are entering, and the creation and release of a very damaging virus, plus the tyrannical harmful treatment protocols that further destroy Nations, lives and cultures.
All of the above is not accidental. Evil, egotistical, unwise, yes, but the actions taken all have very predicted results,
And they (The Western WEF led nations) hope to scapegoat Biden, and Russia, and implement their Great Reset? China appears to be cooperating with the depopulation aspects of this plan, yet clearly they intend to direct the reset and control the financial system of the reset. The west is marching ahead and panicking at the same time. Russia is saying NYET. An increasing number of nations are resistant, and the populations within the western nations are finally catching a little clue.
Somehow the flaws of “W War Woke” (a great post and title at Musings from the Chiefo) and who controls the power vacuum created by such insanity, appears to have escaped the incredibly egotistical Ivy League would be WEF tyrants. So in the end they are both evil and incompetent.
Don’t forget the US of A. Brandon and his minions are trying their hardest to run the country into the ground.
ARCH is currently at a fire bargain price. With the globalist green cabal running this fossil fuel divestment scheme, the dividends are going to be off the charts for energy stocks this quarter.
Our politicians are not “retarded”. CAGW/Net Zero together with massive uncontrolled immigration is their deliberate plan to destroy the West.
Is Merkel in hiding yet? A guy saying he was a piano tuner just came in with a pair of pliers…
Apparently it wasn’t her fault
https://newsrnd.com/news/2022-06-07-merkel-defends-her-russia-policy–no-apologies-and-clear-words-about-putin.BJMjXN6Oq.html
I have zero sympathy for the EU. what lifeline could UK offer as its also in the caca from following the eurocrats dictats and the( cant go soon enough) carrie n bobo fools
Agreed but will the replacement be strong enough to pull us back from the brink that numbnuts and princess nut-nut got us to, or will they continue the path of least resistance but total stupidity? We should get a better idea next week and an answer in September.
Only WEF stooges need apply.
Except perhaps, Kemi Badenoch. But I’m sure she’d soon change her (eminently sensible) tune once ‘got at’ by the civil serpents…
I’d back Suella Braverman as well, if she can get the support: Kemi Badenoch and Tom Tugendhat look ok but relative unknowns really. I’d like to back Penny Mordaunt but she’s flip-flopped a few times and still a few question marks over her backing for the Green manifesto pledges. Liz Truss is a definite no-no and Rishi Sunak not much better, despite having a slightly better economic plan.
Suella Braverman is out – Kemi Badenoch and Tom Tugendhat are still in a precarious position, it’s difficult to see how they are going to improve. Penny Mordaunt, whilst still 2nd, has improved her support by the largest amount. Liz Truss has improved slightly but is getting desperate to grab Braverman’s supporters before anyone else can. This weekend is going to be very interesting and even more dirty!
I wonder if Europe, when on the brink of economic disaster that would result if Russia/Putin cuts off their gas, will realize their mistake and undertake a long-term correction by advancing a mix of energy types, or will they go for the short-term solution and capitulate to Russia and beg for gas? Greenie CAGW nonsense is stupid all the way down: Alex, I’ll take “Europe Begs for Russian Gas” for a million bucks.
‘I’ll take “Europe Begs for Russian Gas” for a million bucks.’
They don’t need to beg for anything. They can just tell the Biden administration’s evil stew of eco-progressives and neocon war mongers to sod off on Ukraine’s joining NATO, and then get off their collective duff to develop their own reliable energy resources.
God forbid that a country that Putin wants, be allowed to defend itself.
You probably would have advised England to just let Germany have Poland and France.
God forbid that a country that the WEF, the Neo Cons, the Left, etc. want to destroy be allowed to defend itself.
As solid as you are on opposing the aforementioned actors’ attempts to implement energy misery in the West, you seem to have a blind spot on their equally miserable foreign policy.
Good old fashioned common sense would have advised these leaders to transition to natural gas some years ago when they could have found reserves by fracking locally. This would have provided electricity but at the same time reduced CO2 emissions and made them energy independent and brought down prices.
Isn’t Biden on a grand tour of the Middle East right now, begging for them to open the spigots?
This is just another chapter in European History that children in 100 years will have to study in history and think what were these people doing!
Children who will curse their green ancestors for their foolishness.
Even more stupid than the tulip mania and more destructive.
Just to really rub it for Germany the wind has stopped blowing
https://news.yahoo.com/german-energy-prices-jump-due-155525937.html
I did get a good laugh from the term a “wind drought”.
That is opposed to the real drought and the Hydro issue
https://www.bloomberg.com/opinion/articles/2022-07-13/europe-s-heat-wave-is-bad-for-energy-prices-but-the-drought-is-worse
Griff get your butt to Germany and start blowing mate they need you 🙂
Yes, its completely dysfunctional behavior. Yet totally entrenched. And neither they nor the UK will admit what this is all showing: that you cannot run their economies on wind and solar, or not without a complete collapse in standard of living. They also won’t admit that the last two years have been an object lesson in the need for storage/backup for intermittent generation systems.
They are irrational enough and convinced enough to go ahead regardless, with no provision for adequate storage. It will not work, they will not be able to get to Net Zero, though they will do a lot of damage in the attempt before getting thrown out of office. And even if they could, it would have no effect on the level of global emissions.
Its going to be a long, poor, cold and expensive winter in Europe and also in the UK.
Abject…
“the last two years have been an object lesson in the need for storage/backup for intermittent generation systems”? I would say it has been an object lesson in the need for reliable energy, period.
Indeed yes!
Hydrogen! Will solve all problems!
And create oh so many brand new ones!
I presume it was a sarcastic comment?
Michel,
there will not be adequate storage for renewables, the required capacity is so large as to make it completely unfeasible.
Not only that, it seems that the so called back up (Gas) is not recognised for what it is. It is the backbone of the U.K. grid as that keeps it in supply and demand balance.
Renewables cannot do that and that is one of the several reasons that I don’t see how the ‘transition’ to renewables can ever happen
They should require all politicians speeches to be in front of windmills. Surely that font of hot air will keep them spinning at 100% capacity. and finally a politician does something useful.
Oops just read your comment…
And meanwhile here in the UK our scheduled-for-closure coal plants have been running the last few days, In summer, when demand is low. Because the wind ain’t blowin’ and its cloudy.
Because they are run in summer during planned maintenance for other plant
And once the coal plants are closed the other plants will never need maintenance? Do you ever bother to think?
Really amazing, when ONE plant closes for maintenance, zero other energy plants stop producing. When the wind stops 100 percent of turbines STOP. When the Sun sets, 100 percent of solar stops. And yes, 100 percent of wind and solar has to be maintained, and eventually replaced.
If anyone wants to check on ‘European Wind, visit here..
https://www.metoffice.gov.uk/weather/maps-and-charts/surface-pressure/
You can move it on a few days ifor a short term forecast
Presently now = Weds afternoon BST the prediction all through to Sunday mid-day is for a Humongous High covering all of Europe – the only significant wind being in the Atlantic to the south east of Greenland.
Even then, does a Low of 996 millibar actually count as a ‘low’
There’s another ‘low’ of 1012 mB over the Balearics and no isobars between Benghazi and Barcelona.
I’m sure someone will be along with a mnemonic shortly 😀
Noted that isobars over Germany much spread out til Saturday. But they have 30000 windmills so shd be OK
So they should have installed twice as many wind turbines five years ago! That’s what I have heard the greenies screaming. Take something that doesn’t work and do more of it, that’s the ticket.
When the wind doesn’t fill the sails, add more sails!!!
doubling the amount of stationary wind turbines- sounds about right for German thinking.
Perhaps if the line up the politicians and “greens” in front of the wind mills?
ah! If only I could… clean, green, safe Germany with its excellent public transport – currently unlimited travel for 1 month at 9 euros, I believe
griffter,
Here’s a website that tracks the carbon intensity of electrical production by country in near real time. Germany, with all it’s solar and wind, usually runs at 2 to 4 times the carbon emitted per kWh as France – even more in the winter when solar doesn’t work at all. Why do you think that is? Most people know the answer.
https://app.electricitymaps.com/zone/DE
Germany isn’t clean after all.
typical ignorant perspective.
Who pays the rest of the cost for unlimited travel? Surely you don’t believe that the overall cost per person/month throughout Germany is 9 euros….
(Why isn’t it subsidized further (with other peoples taxes), at a rate of 2 euros/person/month? Or 0.5 euros/month. If it was, would that give you a bigger/better tingly feeling?)
Yes, and bus companies are going nuts about subsidising these pensioners doing their dumb 9E per month crap.
Packs the trains with people wasting space and is fuelled by coal – like most of the electricity there right now cos there’s a fat lot of wind in anticyclones.
What a prat.
You have never been to Germany and know F-all about it.
FYI, this so called clean,green,safe Germany is a shit-hole of traffic jams in summer because that is when they put their autobahns into maintenance mode…
BAUSTELLE!!
It drives me crazy every summer….but hey Griff has never been there as per usual but is an expert on everything.
“The German government is launching a €9 ($US9.60) unlimited monthly travel pass this week as part of plans to boost public transport ridership and ease the effects of inflation and skyrocketing energy costs.”
https://amp.theguardian.com/world/2022/may/20/germany-public-transport-boost-9-euro-month-ticket
Yes, nothing like having to beg people to take the bus because your once energy-rich country is having a self-induced energy crisis
https://www.reuters.com/business/energy/german-gas-power-prices-households-new-highs-2022-03-16/
Electricity at merely four times the rate of households in the U.S., and all signs point to it getting worse.
Not seeing the connection but hey if your logic is true then you just need to keep building them and you can travel anywhere on the planet for 9 euros.
soon be using donkeys.
Wind droughts have increased dramatically due to climate change. Just look at how few there were 40-50 years ago vs. today.
Yeah I am sure I will see records of wind droughts historically recorded given it’s a invented greentard term 🙂
Isn’t this what many of the electorates voted for? sarc/off
Peace in our time-
US energy secretary says switch to wind and solar “could be greatest peace plan of all” | RenewEconomy
because ‘integrated’ wind and solar are the cheapest form of electricity because the CSIRO says so-
Integrated wind and solar still cheapest, and green hydrogen costs falling fast: CSIRO | RenewEconomy
ROFL another mob of Biden greentards 🙂
Love her qualifications … aka another dropkick
https://en.wikipedia.org/wiki/Jennifer_Granholm
Why don’t we get energy policy from the drunk at the end of the bar at the pub?
In hydrogen they trust but the greentards do have a familiar problem. They can’t trust the commies either-
Wind, solar and battery supply chains vulnerable to geopolitical crises, experts warn | RenewEconomy
That would probably yield better advice!
Thanks a bunch, Canada!
I don’t get how anybody can say a switch to wind and solar “could be greatest peace plan of all”.
Those that don’t switch will have complete control.
Those that do switch will be at the mercy of those with real resources.
Those governments that keep oil production going for govt/military use, and no significant private/commercial use will run the production infrastructure into the ground.
I hope Granholm knows that she is lying … the alternative (that she & others around her are such complete morons) is much scarier.
“Those that don’t switch will have complete control.
Those that do switch will be at the mercy of those with real resources.”
Russia meets NATO
She is, in fact, a complete moron.
When people are cold, hungry and bankrupt they might finally see through the lies fed to them by the politicians, the media and eco-loons. Sadly, it was always going to take a complete breakdown before people came to their senses. The only hope is that countries outside Europe learn from our mistakes and change their plans in order to avert catastrophes of their own
Same everywhere Martin and here’s Australian Senator Matt Canavan nailing the problem-
People are ‘out of touch’ with the real world and ‘Albanese is their leader’ | Sky News Australia
“You will own nothing and like it” – the biggest problem with people not having anything is that they no longer have anything to lose. Desperate people with nothing left to lose should be these idiots greatest nightmare, not a desired outcome.
I believe the monsters are working on that aspect, too.
“but UK has lifeline”
In theory it does, but it also has the very unhinged Climate Change Committee – Prop. Baron Deben; he who fed a burger to his child in a photo op in the middle of the BSE crisis. As John Selwyn Gummer – and Environment Secretary – he had responsibility for food safety during the mad cow disease epidemic in 1989–90
We have gas and oil to be tapped in the North sea. We have a lot of frackable gas onland.
But it remains more virtuous to buy fossil fuels in from abroad – Qatar, Norway in the case of the UK, just as it is to let the Chinese etc take on the heavy industrial work – where the emissions are high.
The UK is at a potential crossroads right now. There are eight candidates – ie with the support of at least 20 [Conservative] MPs.
Brexit, Net Zero, the culture war and basic freedoms are at stake…
“How Boris Johnson became nanny-in-chief
The famously libertine PM failed to take on the killjoy state.
What we got under Johnson is what we get under every Conservative government: an inexorable slide towards a paternalistic, authoritarian, micromanaging state – but at a slightly slower pace than might have happened under Labour and the Lib Dems, and at a significantly slower pace than would happen under the SNP.”
https://www.spiked-online.com/2022/07/12/how-boris-johnson-became-nanny-in-chief/
Tells everything about the sort of person that Gummer is. Too scared to feed the burger to himself so gives it to his daughter. It disgusted me at the time and still does as I think about it now.
A truly odious character
There are now 6 with over 30 supporters – Nadhim Zahawi and Jeremy Hunt failed to get the support needed; not much of a surprise there. Tom Tugendhat, Kemi Badenoch and Suella Braverman might struggle in the next round but Penny Mordaunt and Rishi Sunak look to be the front runners. If Rishi Sunak can get enough votes he might try to help Liz Truss and squeeze Penny Mordaunt out otherwise I don’t think Liz Truss is in with much of a chance. Good game, good game!
Is Russian gas misty co-produced with oil or from dedicated gas wells?
If European exports are cut, does that mean a bunch of flaring or a reduction in production.
You call for a diversion of resources from RE to gas.
Why not just push both?
Investments in gas production are no-lose, should have started years ago. Investments in RE seem to get politicians reelected.
So, to get rid of politicians, they just need to stop investing in RE? Sounds very reasonable to me, and amazingly beneficial!
Good! EU needs screwed right into the ground. Moronic people of European countries voted for this, they deserve to be punished for their stupidity.
Accountability, my dear 2hotel9, is strictly for conservatives, and mostly for conservatives who have done nothing wrong. You’re missing the nuance. You don’t see the context.
Everything bad going on now is Trump’s fault.
This article is deceptive by omitting a key fact:
Gazprom wants to sell all the natural gas it can sell
for Rubles. With the harsh banking sanctions, Euris are
Monopoly money to them and could remain that way.
Gazprom is delivering some gas for Euros now
(rather than none) because they don’t want to destroy
the economies of their best customers.
I don’t know what Russian laws are
but in the US, a natural resource company’s officers
would be sued by shareholders for accepting Monopoly money
that they can’t spend. In Russia, they’d probably get imprisoned.
Nations paying Gazprom in Rubles get all the natural gas they want.
Gazprom benefits from those highly profitable sales.
EU nations that suffer by refusing to pay Gazprom in Rubles
have hurt Gazprom, AND themselves, for no logical reason.
We have to remember, these are the same politicians and their deep thinking (not) assistants, that proposed the move to renewables and the “war on Fossil Fuels”.
Agreed
This is a tempest in a teapot. A manufactured crisis. Putin will turn the taps back on because Europe is a fantastically profitable market for his petroleum products and he doesn’t want to lose it.
While China and India could absorb any volume of Russian fuels sales lost in Europe, they are buying at steep discounts. I’m sure Russian gas companies would prefer to sell as much product at full price to Europeans as possible. Also, while China and India are buying right now, they are mostly doing it to stock up their reserves at dirt cheap prices. Once they are topped off, there is no guarantee they will continue to buy at such high volumes, or that they have any plans to continue to buy at full price if/when the Ukraine situation gets resolved.
Putin may slap the Euros around a bit to send them a message about who has the upper hand, but he’s not going to stab them in the heart by cutting them off completely. As Lenin would put it, they are ‘useful idiots’. You don’t kill useful idiots. You keep them around and allow them to work for you until they stop being useful. As long as the cash continues to flow in exchange for fuel, the EU is useful to him.
What makes you think money is more important to Putin than winning? War is insanely expensive, if Putin’s primary motivation was maximising profits, he wouldn’t have invaded Ukraine.
I don’t see how cutting off European fuel helps him to win.
Putin obviously wants to win, but he also wants to avoid making his neighborhood any more hostile towards Russia than it already is.
Besides, he is ALREADY winning. Since abandoning the failed push on Kyiv, the Russians have been making slow and steady progress in the south and east. They have a land bridge to Crimea, total dominance of the Sea of Azov, complete control of Luhansk province, and are slowly expanding their territorial gains in Donetsk. They achieved almost everything they set out to achieve, aside from the aborted Kyiv push. At this point, they are playing with house money and just picking up additional territory that can be used as bargaining chips in the eventual peace negotiations.
If the gas disconnect causes enough pain Putin might be able to frighten Europe into cutting military supplies to Ukraine.
But the overwhelming majority of Ukraine’s financial and military support is coming from the USA, not the EU. While the USA is sending tens of billions, Ukraine’s European neighbors are dragging their feet over a billion here, a billion there. As usual, they are freeloading while comfortably secure under the security blanket America provides.
Putin’s Gambit is long term (the grand historical dialectic is inevitable regardless of time frames). He said it himself…He’s done with the west…. “the world is very large and very rich”. The gambit freed him of his useless parasitic oligarchs. He is committed a vast new vision of a Chinese like economy for Central Asia and his own country. He knows that the market for his energy will resurface elsewhere and with it he buys influence and new partnerships. Europe was a bad partner for him. It didn’t get him anything but money. So he created a European horror show to demonstrate his distain for the West and his long term commitment. I am unsure how much of this is driven by the old Communist ideology or a desire for a new communism. A love for the old Soviet union is a love for the Revolution. A CHIRUSCOM empire in the East is a scary thought. Welcome back 20th century. Globalism didn’t fix it…it got leveraged. It’s no surprise that there is a growing love for Marxism among our rising generation in the West. One world is on the horizon and it won’t be pretty like corporate globalism.
No one is going to call his bluff, except for the Ukrainians and they don’t have the power to do so. But the anti-communist Ukrainians desperately want to for their own country and what they see as a long term threat…they see it better than we can. They were born and bred with it in their bones.
the EU better get a clue quick
My expectation is: gas delivery restored now but ‘technical problems’ to arise in future.
With war you get more bang for your buck than you do with environmentalism
Putin had wrapped up the European natural gas market. It was no problem for him to stick a fork in it. He has a much bigger long term grandiose plan that involves controlling the black sea. Obviously, he tried to solve the Ukraine problem with a quick strike to Kyiv,. Now he is dug in for the long term primary goal., the Black sea and central Asia. Meanwhile, he is leveraging China to help him build an industrialized, consumerized, commercialized Russia from one end of the continent to the other, (the average Russian is poorer than the average Indian). Maybe by the time he is in his early 80’s he will see a strong enough Russia to regain central Europe. Better be ready.
Euros are worthless to Gazprom now
and future sanctions may get worse.
That’s the only story here.
Germany needs gas.
Gazprom wants to sell gas to Germany.
But not for Euros.
Germany has deliberately shot itself in the foot
for no logical reason. As EU’s primary manufacturing
nation, they can least afford unreliable weather
dependent electric power.
There’s a very logical reason it’s just some people don’t or can’t see it. Britain could have made peace with Hitler but we didn’t and it cost us an Empire and may be more.
Sometimes you have to make a stand on principle. This is one of those times. The best way to deal with this is to help Ukraine win and then develop the hundreds of years worth of natural gas in the UK and western Europe that’s under people’s feet.
If we had stood on principal any time in the past 30 years, none of this would be happening. We could have either (1) honored the agreement with Gorbachev not to expand NATO any further east than Germany or (2) lived up to our promises to Ukraine and admitted them to NATO. Instead, we did neither. We kept expanding NATO further and further east until it was right up on Russia’s border, while at the same time stringing Ukraine along and never admitting them to NATO. The west created this whole mess by jerking both Russia and Ukraine around for the past 30 years. We kept cranking up the heat on the pot and then acted surprised when it boiled over.
There was a statement made by a US General (retired now, I think) to the effect that the aim of NATO was to bring the Soviet Union to its knees and disarm the country, and that aim had never been abandoned.
‘Britain could have made peace with Hitler but we didn’t and it cost us an Empire and may be more.’
Hitler and Stalin simultaneously invaded Poland from the west and east, respectively, and both had plans in place to invade the other to implement their ‘true’ version of socialism. But for their ‘red line’ to protect Poland with an army it didn’t have, the ‘Empire’ could have watched these two monsters beat each others brains out, instead of exhausting itself in WWII.
Ukraine cannot win. They allowed the US and rest of the WEF nations to push Russian to hard, and to far. They have already lost most of what Russia said they wanted, and claimed they had a right to. They allowed and promoted evil persecution of a significant portion of their own population, a population with a deep and long history. They allowed the US to have illegal bio labs. They threatened nuclear power on Russias doorstep.
I do not think Russia is a threat to Europe, and they should have been brought into the fold two decades ago.
All continued support will do is cost lives, and generate economic destruction that will risk even greater conflict.
Do you believe all of that crap that you just wrote?
The failure of NATO to honor their agreements is documented.
The history of Russia in that region is documented and centuries long.
The rise to power in Ukraine of a violent Nazi faction, supported by the Ukrainian government, is documented.
The atrocities against Russian speaking citizens of Ukraine are documented, and many prisoners of war atrocities are documented as well.
The truth about US bio labs in Ukraine has been, after denials, revealed.
Ukraine’s threat to bring in nuclear weapons happened.
The CIA actions resulting in the overthrow of a democratically elected 2014 Ukrainian government is history.
Putin wanted to work with and be a part of NATO decades ago.
George Washington’s caution to stay out of foreign wars has been ignored.
You do not see any risk of more lives lost, greater economic destruction, and greater conflict?
You provided exactly zero counter arguments.
What is the deception in the article?
“I don’t know what Russian laws are…”
They are whatever Putin desires them to be. More specifically, almost every business action is illegal in some form (not serving shareholders vs not serving the needs of the people) it is but a matter of whether the state decides to prosecute.
… and this is from the same incompetent French minister that said his sanctions would bring Russia to it’s knees!
Fool of a man!
Keep an eye on France this autumn, the kaka is about to hit the fan…
Well after all, it is “supposed” to be a War, or Pre-cursor to one. THe sooner Mr Putin stops fuel supplies to Europe, the better – will bring Europe to it’s senses. Whoever heard of the Agressor still trading with the opposite side ?
I think that Putin is showing how tolerant he is about the nonsense of the Euro Gad Flies. He has the Cream. Like a bad tooth, it’s no use kicking the dog, have it out and gone. Maybe our Boris is the first of many to go and others to follow like Brexit. ( isn’t this what many left footers expect me to say? ) – but it’s reasonable commonsense.
Whoever heard of the aggressor still trading with the opposite side?
Every war throughout history. Though they are usually a bit less open about it. It’s usually conducted through a neutral third-party rather than directly. When the Nazis needed new parts for their IBM machines, they’d order them through Finland or Spain, not directly from IBM.
Then again, this is the same world where Russia is acting as the primary negotiator/intermediary between the USA and Iran, as the Biden administration attempts to revive the Iran nuclear deal. Yet, at the same time, the Biden administration continues to ‘wartime’ rhetoric in regards to it’s relationship with Russia. So we’ve got an undeclared war against an enemy who we are relying on to negotiate a treaty with a third party.
As the old Chinese curse says … ‘may you live in interesting times’.
Ford motors supplied most of the Soviet war machinery during Vietnam.
Ford motors supplied most of the Wehrmacht trucks in WW2 as well, mainly from the factories near Berlin. Apparently Henry Ford was mightily pissed off when the USAF started bombing them!
I had to laugh at that. Biden is currently trying to emulate Europe’s energy disaster by making the US dependent on enemy nations (like Venezuela) for oil.
The West is getting weaker by the day. Global warming madness has played a big part.
We have a new longest suicide note in history.
This time it is entire Western Democratic World that has written it.
It is headed up with one of the most appropriate if not subtle titles.
It is called ‘Net Zero’….
“Shooting oneself in the foot….”
The silly argument over returning Siemens Gas Turbines sent to Canada for repair highlights the absurdity of the EU seeking to do Bolton’s will in overturning Russia’s bi-polar world.
(Sorry, too much in that thought.)
But, Not To Worry. Nord stream II is up and ready to run, with more modern compressors sourced Rolls-Royce (owned by Rolls-Royce Holdings, UK). And a Court has just decided that it is not necessary for a separate company to own each of production and transport of NG. One more decision, and let the Rolly-Royce begin.
And fertilizer! Are these guys totally stupid? When the British Throne is over-throne after 100,000 Britains die from starvation and cold next Winter….sanity may begin to return..
Beside protesting the larger Agenda 2030 used to turn the world green, Dutch farmers are protesting
the gubmint’s land grab used to build housing for all the numerous immigrants. It’s cheaper to build
out than up.
https://theconservativetreehouse.com/blog/2022/07/12/eva-vlaardingerbroek-summarizes-all-the-merging-food-energy-and-farming-issues-with-stark-advice-to-americans/
Also, there are interesting connections involving Minister Christianne van der Wal-Zeggelink, who
wrote the regulations farmers are protesting, & America’s largest farmer & frequent Lolita Express
regular, Bill Gates. Creating food shortages definitely makes farming much more profitable as $h!t
Spreader Bill never met a monopoly he didn’t like & make gobs of $$$ from it.
https://theconservativetreehouse.com/blog/2022/07/12/political-corruption-in-the-netherlands-and-how-the-dutch-farmer-protest-connects-to-the-burning-of-the-picnic-grocery-distribution-center/
“The sane response would be for Europe to divert all available cash to developing shale gas and coal resources, to start producing more domestic gas as quickly as possible”
The only sane thing for Europe to do in not impose the sanctions to Rusia. Since the only purpose of these sanctions is to benefit China.
Why is USA interested in helping China become the economic leader of the world, you may ask?
-The Biden Administration is deep on the pocket of China, and if only it was just Biden. The MSM most of the tech industry all follow the wishes of China!
Unquestionably. After all he did just sell them 1,000,000 barrels of oil siphoned from the Strategic Petroleum Reserve last week. I hold no hope that the Republicans will begin impeachment proceedings in January, but they are certainly warranted.
Canada decided to bend their sanctions and release the Siemens turbines for Nordstream pipeline. Primarily so that they would not be the brunt of an excuse by Putin if/when he shuts off the pipeline.
This was requested by Germany due to the dire straits they are in if without Russian gas this coming winter. US agreed with this move. Ukraine was very unhappy because their houses are being blown up, just not “maybe cold this winter” like Germany.
https://calgaryherald.com/news/politics/ukraines-zelenskyy-slams-canadas-weakness-for-returning-russian-turbine/wcm/7cefa0b9-c2c2-4b7f-9bc8-cfa5b55e09a7
This tired old refrain should be getting familiar to Zelensky by now; “Hey, we sympathise but business is business y’know!” By the time he realises that his NATO and EU membership applications have been held up indefinitely the penny might actually drop with him that he got played.
The WEF globalist love their useful idiots and useful nations.
How will they keep the battery cars charged and running?
They are like a mountain climber cutting the rope.
Ah, yes…
Lunatic Leftists are finally starting to figure out insane CAGW polices create catastrophic economic consequences…
Drill, baby, drill…
I wonder if some kind of deal with economic benefits for Russia would have cost a lot less than the war? We know Putin being nearly 70 will only be around for a decade or two at most and a less favorable deal for Ukraine now might well be changed in their favor after Putin goes. Unfortuately the war games of politicians is not like teens playing war games on their computers. Politicians are sacrificing real lives and squandering huge sums of public money. That is why I hate warmongers.