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>but completely impossible for country like Germany. There is not enough gas without Russian one to feed its industry. Huh, if only they could have invested en
by ChuckNorris89 4y ago
>but completely impossible for country like Germany. There is not enough gas without Russian one to feed its industry.
Huh, if only they could have invested enough in their local energy sector, through I don't know ... NUCLEAR!, to keep their industry energy independent of Russia, and not shut down its few remaining nukes in the middle of an energy crisis just to appease an outdated political ideology like an absolute dunce, causing energy prices across EU to further skyrockets as Germany had to compensate its internal deficit by buying from the rest.
There's a reason people undeservingly vented their frustration on Germany at Eurovision this year.
- foverzar 4y agoYou assume that oil and gas are only used as energy components, but they are also raw materials required in industry.
- _0w8t 4y agoIf energy usage is removed, then surely there is enough oil and gas in other countries to supply Germany.
- rjzzleep 4y agoPeople like you look at these things as if you just shift numbers around on an excel sheet. There is still physics and geography involved here. German industry is already hardly competitive in terms of price, what do you think happens when those raw materials are 10 times more expensive? Now there is a price crunch for LNG tanker charters further pushing up prices. Also it's so disingenuous. Indians are now refining Russian oil, selling it back to Europe but Eurocrats and lying politicians get to pretend they're going off hydrocarbons.
- vogre 4y agoDon't forget that LNG market is mostly short-term, and Russian pipes work under long-term contracts.
- _0w8t 4y agoWith oil the solution is trivial. Switch to electrical cars while generating electricity for them with modern efficient coal plants using German coal. Not only it will be cheaper and reduce geopolitical risks, but it will drop CO2 emission as well.
- ben_w 4y agoThis is clearly a new and exciting definition of the word “trivial” that I was previously unaware of.
- vogre 4y agoWhy would they do it? Russia never failed delivering cheap gas.
- ssk169 4y agoReally? So Russia just didn't stop gas exports to Finland?
- vogre 4y agoIt did after Finland refused to pay.
- ssk169 4y agoLet me complete that sentence for you.... after Finland refused to pay in rubels because the signed gas import-export contract specified other currencies.
- vogre 4y agoThat changes nothing. Finland refused to pay. Most of the European companies adopted the new scheme within their current contracts, so it was a technical thing. Russia just needed to be paid in currency that can not be stolen by some lunatic government.
- ssk169 4y agoIt was not just a technical thing... it was unilateral change of a legal contract and blackmail by Russian regime that yet again demonstrated clearly that contracts and treaties mean nothing to it.
- vogre 4y agoActually all the sanctions from the west are unilateral change to thousands of contracts, and expropriation of russian assets is straightforward stealing. Even freezing of central bank accounts is basically the unilateral unlawful change of contract. Finland broke the contract with russian railroads, with russian electric providers, it cancelled the contract with RosAtom. Additionally it started the process of joining NATO, which effectively breaks the peace treaty of 1948.
- Archelaos 4y ago> NUCLEAR!, to keep their industry energy independent of Russia The world (EU and US included) is heavily dependent on Russian nuclear imports and technology. Here is an in-depth article on why this is so difficult to overcome: https://thebulletin.org/2022/05/five-reasons-that-russias-nuclear-exports-will-continue-despite-sanctions-and-the-ukraine-invasion-but-for-how-long/ https://thebulletin.org/2022/05/five-reasons-that-russias-nu...
- Cthulhu_ 4y agoAre you a nuclear power lobbyist? How much do you get paid for this post?