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Our "energy weapon" against Russia is quite potent, if only we thought about it.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Dec 19th, 2007 at 03:17:59 PM EST
[ Parent ]
The figures just don't make the test Jerome. We will need every JULE of energy we can get our hands on in 2020, come from gas, oil, solar or other... and it's ALL gonna be more than welcome.

By arguing that the EU has bargaining power against Russia in the energy sphere requires that two conditions are met:

1. that the Russians can't sell their energy elsewhere - which is false because they're busy building pipelines going East to Asian markets;

2. that the EU can actually do without Russian energy supplies - which by my books isn't reality. Maybe you can contribute some data to the discussion? Cheers.

by vladimir on Wed Dec 19th, 2007 at 03:27:28 PM EST
[ Parent ]
  1. Russia CANNOT sell its energy elsewhere. There is no infrastructure to do so. And there won't be for a long while. And the oil or gas that might go to China would never go to Europe anyway.

  2. Europe could do without Russian energy supplies if it had an energy policy other than "give me all your gas quick and cheap". We might stop building gas-fired plants, we might start focusing on energy savings, etc... Obviously, we don't do it, but we could.


In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Dec 19th, 2007 at 05:21:44 PM EST
[ Parent ]
Thinking about #2, it would be a source of concern for Gazprom if the EU decided to stop building gas-fired power plants. Do you think if Gazprom buys utilities in the EU it will make it harder for the EU to regulate gas-fired power plants away?

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Wed Dec 19th, 2007 at 05:27:07 PM EST
[ Parent ]
No. If the political will is there, I think it'll actually make it easier: Just fire up a really nasty carbon tax. After all, it'll only be the Russians' pocketbooks that are hit...

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Dec 21st, 2007 at 12:42:09 AM EST
[ Parent ]
I see some rather obvious advantages to reducing our energy dependence... (and no, I didn't mean giving Jérôme more work by buying more wind turbines -that would indeed be a drawback, since he couldn't post much then).

Of course, that may just the environmentalist in me. But also, if Europe were to become a world specialist in all things energy  consumption reducing, could it fail to be repaid tenfold when all countries will start to be desperate for energy savings?

Of course, it would require policy choices of a rather different nature from what we have seen of late. Surely the fact that Schröder had a nice rich seat waiting for him at Gazprom is no sign that all was being done to relieve Europe of the dependency...

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Thu Dec 20th, 2007 at 06:04:14 AM EST
[ Parent ]
if Europe were to become a world specialist in all things energy consumption reducing, could it fail to be repaid tenfold when all countries will start to be desperate for energy savings?

now that's an interesting idea for would-be entrepreneurs around here :)

by vladimir on Thu Dec 20th, 2007 at 06:11:15 AM EST
[ Parent ]

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