Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Also note that apparently being dependent on Russian gas is preferable to being dependent on German gear boxes. That's about the only way I can translate the comment about the falling £: It makes the up-front cost of windmills (which, thanks to the UK's lack of energy policy for the last couple of decades, are not produced in the UK...) more expensive than the cement and steel (which presumably still is produced in the UK) needed for gas-fired power plants.

Not the geopolitical analysis I'd have made. But hey, I'm just a shill, lefty blogger...

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon May 4th, 2009 at 05:02:56 PM EST
[ Parent ]
The UK doesn't need to manufacture gear boxes when it is the white hot center of financial innovation.

[Laughs sardonically ]

by rootless2 on Mon May 4th, 2009 at 10:13:52 PM EST
[ Parent ]


Top Diaries

Occasional Series