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Europe announced a REPower initiative to speed up investments in alternatives; the problem that they have is that no one wants to build more LNG infrastructure
by atlasunshrugged 4y ago
Europe announced a REPower initiative to speed up investments in alternatives; the problem that they have is that no one wants to build more LNG infrastructure because that's a 20+yr commitment to gas that has some environmental impact and want to go full renewable but this is quite slow to do (and of course is hugely dependent on China which controls the processed critical mineral market). Also, German environmentalists especially do not want to build nuclear facilities, so the options for the government to respond with are limited.
https://ec.europa.eu/commission/presscorner/detail/en/IP_22_3131 https://ec.europa.eu/commission/presscorner/detail/en/IP_22_...
- cpursley 4y agoThanks for the share!