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I’m not so sure Russia will depend on Europe for it’s gas price/revenue. Oil is already being diverted east and to India that are willing to buy. So ultimately
by spockz 4y ago
I’m not so sure Russia will depend on Europe for it’s gas price/revenue. Oil is already being diverted east and to India that are willing to buy. So ultimately Russia has the same income, the environmental pollution will be the same, and yes Europe may have green energy.
- Tozen 4y agoHowever, it will still take Russia many years to do the transition of supplying India and China (and whoever else), to the same level they were to Europe. In the near future, Russia will be somewhat hurting itself, as it's hurting Europe. China has claimed it wants to reduce its reliance on oil, particularly starting from the 2030s, but that all gets tricky if Russia will be supplying very cheap oil and gas or if China will be wary of relying so much on Russia as a matter of policy. It's possible that Europe will spearhead ways to reduce the reliance on gas and oil, not replace, but figure out various new strategies and technologies around renewables and alternatives. Conventional nuclear doesn't seem to be on the table, because of the very long construction times, unless we are talking something like SMR nuclear.