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This might make sense if we were talking about the same resources being distributed in different ways, however this is not the case in many fields. Gas is a goo
by Etheryte 4y ago
This might make sense if we were talking about the same resources being distributed in different ways, however this is not the case in many fields. Gas is a good example, Russia sells to Europe and China from completely different wells. It is not the case that when Europe stops buying, they can just sell the same gas to China. It's not economically feasible to transfer all the way across Siberia, they simply end up selling less.
- roenxi 4y agoThe Chinese are known for executing crazy big infrastructure projects quickly and well. That energy is valuable. Now maybe shipping gas across Siberia is impossible. But if it isn't and 1 unusually clever Asian out of a population of ~2 billion figures out how to do it economically then this series of forcing moves might look really silly in hindsight.
- Atatator 4y agoWhere this myth about "shipping gas across Siberia is impossible" comes from? Projects like Yamal LNG https://en.wikipedia.org/wiki/Yamal_LNG https://en.wikipedia.org/wiki/Yamal_LNG are already operational. On top of that Chinese gas consumers are not dramatically further away than consumers in western Europe - it's only matter of 2-3 years to build a pipeline to connect them.