2 ms·
Fortunately, Germany was able to completely replace fossil fuels from Russia.
by _ph_ 3y ago
Fortunately, Germany was able to completely replace fossil fuels from Russia.
- qwytw 3y agoYes. With high energy prices and burning more coal. Seems like a great deal. Also oil price is still as low as it is because Russia is allowed to export most of it into third countries which decreases demand for non-Russian oil making it cheaper for Germany/EU. As long as Russia has access to the global market Germany has not really replaced it even if none of or its products directly ended up in Germany. The only positive aspect is that China/India/etc. get to keep a significant proportion of cash which would go to Russia without the sanctions. There is no way around it. German foreign policy regarding Russia over the last 2 decades was a huge failure. Of course the same applies to many other countries but Germany is one of the most egregious examples...