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I don’t understand this move with Putin shutting off gas to flex. It’s going to be a very cold, very expensive winter for the Germans.
by gadflyinyoureye 5y ago
I don’t understand this move with Putin shutting off gas to flex. It’s going to be a very cold, very expensive winter for the Germans.
- loeg 5y agoThey already pay north of 30 eurocent per kWh, among the highest in Europe, for electricity generation that's like 40-50% coal and gas.
- speeder 5y agoIf Putin was shutting off gas to flex it would been great, but he isn't, what is happening is Russia is not having enough gas even for themselves, if this was just diplomatic strategy, diplomacy would convince him to supply more gas, the real fact is, there is not enough gas in first place, you can do whatever you want, there won't be more gas.
- kevin_thibedeau 5y agoHe already did it a few years back.
- tagoregrtst 5y agoCitation needed. Merkel herself said that Russia has fulfilled all her contractual obligations. The ones who shut the gas down are the in between countries (hence why Germany was in favor Nord Stream 2)
- sbierwagen 5y agoIt's not (just) to flex. Russia shuts down gas pipelines basically once a year: https://en.wikipedia.org/wiki/Russia%E2%80%93Ukraine_gas_disputes https://en.wikipedia.org/wiki/Russia%E2%80%93Ukraine_gas_dis... There is absolutely nothing new about this, it's just about money. Ukraine wants to charge high transit fees, Russia wants Germany to turn on Nord Stream 2, which bypasses Ukraine. Russia also wants long-term contracts to lock in natural gas consumption-- phaseout of fossil fuel consumption is an existential threat to fossil fuel exporters.