Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

Russian Gas Made Europe a Global Leader

by Oui Tue Aug 16th, 2022 at 01:53:02 PM EST

Pure capitalism ... destroy a competitor ... UK's exit from the EU made it so much easier. UK's pain will be short term, for the economic relapse of the EU-27 it will be long term, most likely a fatal blow. The global powers in 2040 will be so much different, Europe as a client state of the US. Militarily through NATO and on foreign policy via the White House. Great move #macron France, #scholz Germany and #draghi Italy. The Brussels Triad of Michel, Borrell and VDL was worthless.

A group of global climate leaders are issued a Joint Communiqué on Earth Day, calling for urgent action in the areas of climate, peace and security, climate-smart finance and climate-smart cities.

Leaders at a Nobel Peace Prize Forum high-level climate congress said that political will, driven by radical integrity, creative, inclusive collaboration and no excuses, is urgently required to reach net-zero greenhouse gas emissions by 2050.

'Massive' Methane Leaks Found Coming From Oil and Gas Sites in Europe


Fossil Fuel Fervor in Texas and Surroundings

Texas LNG Looking for Export to NATO Sucker Europe

Just watched an interesting documentary on the building of Nord Stream 2 and the role of Poland, Baltic States and Ukraine to undercut the investment for Western Europe.

How to reduce Europe's dependence on Russian energy | The Hill - July 2019 |

By William F. Shughart II

It's time for our political leaders to stop showboating in their efforts to thwart Russia's threat to Europe's energy security. Even if well-intentioned, a Senate bill to impose sanctions on foreign energy companies helping to construct a Russia-to-Europe natural-gas pipeline is half-baked and simply won't work.

The pipeline, called Nord Stream 2, is now 60 percent complete. It is a joint venture of Gazprom, Russia's state-owned oil company, with half of the funding provided by "Germany's Uniper and BASF's Wintershall unit, Anglo-Dutch Shell, and Austria's and France's Engie," according to Reuters. If and when it's completed, the new pipeline will allow Russia to make good on its plan to end gas transit through Ukraine, depriving it of $2 billion to $3 billion a year in transit revenue -- and cutting a vital link between that country and the West.

U.S sanctions are unlikely to stop the pipeline's expansion before it's finished. Not only would sanctions have negligible effects on Russia, but they would harm America's banks and other companies doing business abroad. Under the bill, sponsored by Sens. Ted Cruz (R-Texas) and Jeanne Shaheen (D-N.H.), the targeted foreign companies would be unable to secure credit from American financial institutions and be denied access to their U.S. properties.

President Trump has said he is considering imposing sanctions himself to "protect Germany from Russia." But sanctions are protectionist, no matter what justification is advanced.

Ironically, sanctions against Nord Stream 2's builders are on the table at the same time U.S. Energy Secretary Rick Perry is in Europe to promote exports of America's liquified natural gas (LNG). Customers there, like Polish Oil and Gas Company (PGNiG), already are signing or negotiating long-term contracts to purchase large volumes of gas from the United States.

That good news means that the United States has a more effective strategy for counteracting Russia. Rather than imposing sanctions, we could expand production of our huge domestic natural-gas deposits and dispatch fleets of tankers carrying LNG across the Atlantic. Such action would loosen Russia's economic grip on western European consumers. In fact, that's already happening. Last winter, U.S. companies shipped 48 LNG tanker cargoes to Europe. But we could export much more.

The lessons of the periodic oil price shocks America learned so painfully from decades of dependence on OPEC's oil reserves easily can be applied to Russia's threats to Europe's energy security. If someone had suggested 30 years ago that the United States could disrupt Europe's growing dependence on Russian natural gas by encouraging exports of American LNG, the idea would have been dismissed as pure fantasy: in the 1980s we were importing natural gas.

More from author William Shughart ...

  • Thank the Shale Revolution for Revitalizing U.S. Manufacturing | 2015 |
  • SCOTUS Properly Reined In the EPA: Will the IRS and SEC Be Next?

  • The Texas LNG Scam for Europe is closely related to climate change denialism ... how well California and Western Europe were investing in energy transition to Green energy ... halted once again by major global fossil fuel lobby. To protect Germany from Russia my a$$ ... pure destruction of the German peaceful industry, an economic miracle post WW2 where Japan failed, Germany as economic engine of the EU succeeded.

    Deutschland wirtschaftswunder nach dem zweiten weltkrieg

    U.S. "disappointed" by Dutch role in Nord Stream 2 gas pipeline | Gas Pricessing & LNG - June 5, 2019 |

    Washington is disappointed the Netherlands allowed Dutch companies to participate in the Nord Stream 2 gas pipeline project, which Washington deems a threat to European security, U.S. Ambassador Pete Hoekstra said.

    Several Dutch multinationals, including Gasunie, are participating in the 11 billion euro ($12.4 billion) project to build a gas pipeline from Russia to Germany.

    The pipeline is opposed by Washington and several eastern European and Nordic countries, which fear it will undermine Ukraine's gas transit revenues and increase the EU's reliance on Russian gas.

    Gasunie holds a 9% stake in Nord Stream AG, the consortium for construction and operation of the pipeline between Vyborg in Russia and Greifswald in Germany.

    "We are diasppointed ... We have identified Nord Stream 2 as a threat to European security," Hoekstra said in an interview on the sidelines of the Global Entrepreneurship Summit in The Hague.

    "We would have hoped that the Dutch government, with those companies themselves, would have decided that they would not participate in the construction of Nord Stream 2."

    U.S. Energy Secretary Rick Perry said in Kiev that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the not too distant future.

    Merkel, Medvedev Launch Nord Stream Pipeline Beneath Baltic Sea | RFERL - Nov. 8, 2011 |

    Nord Stream 2 'stunning blow to Europe's energy security,' says US Energy Secretary Rick Perry in Vilnius, Lithuania | Oct. 7, 2019 |

    Nord Stream and TurkStream, the gas pipelines set to connect Russia with Germany and Turkey, "would enable Moscow to end gas transit through Ukraine by the close of the decade".

    "Nord Stream 2 would deliver a stunning blow to Europe's energy diversity and security," Perry said.

    The construction of the almost complete Nord Stream 2 gas pipeline is led by Russian gas giant Gazprom. The project is financed by German, Dutch, Austrian and French companies.

    ...
    The pipeline's supporters say it will bring gas prices down, but Perry says the pipeline will "exploit dependent nations, bending them to Moscow's will".

    He also underlined that American LNG could bolster Europe's energy security. The US energy secretary also said in Vilnius that his country would seek to strengthen energy ties with Central and Eastern European.

    He also announced plans to set up four working groups for energy efficiency and renewable resources, nuclear energy, supply security and the protection of critical infrastructure. The latter group will be led by Lithuania.

    Transatlantic energy cooperation gains momentum at the second P-TEC ministerial | Atlantic Council |

    The Partnership for Transatlantic Energy Cooperation (P-TEC) advanced from framework to call to action at the second ministerial, in Vilnius, Lithuania, on October 6-7. US Secretary of Energy Rick Perry rolled out P-TEC in 2018 at the Three Seas Initiative Forum and Business Summit in Romania, and hosted the inaugural P-TEC Ministerial on the sidelines of CERAWeek in March 2019 in Houston. P-TEC and the Atlantic Council have a shared objective to enhance secure and resilient energy systems across Europe, and the Atlantic Council has been engaged in the initiative from the very beginning.  

    The US-UK imperialists already have the  Visegrad group V-4, Bucharest Nine, and Three Seas Initiative.

    Under the radar | Sept. 2018 | [h/t Cat]

    Three Seas, Two Leaders

    The EU didn't fly the flag at the first two gatherings. But today, Commission President Jean-Claude Juncker is personally going to the Romanian capital, in what can be seen as an attempt to put the pro-American initiative into an EU framework.

    Trump's Energy choice promises Perry Christmas for fossil fuel lobby | EuroNews - Dec. 14, 2016 |

    The White House rolled out the new branding this week to coincide with what the administration has dubbed "Energy Week," casting "energy dominance" as a break with the Obama era. In a speech this week, Trump touted a "golden era" of U.S. energy that would be asserted via the country's booming natural gas, coal and petroleum exports.

    In what he called a policy of "energy dominance," Trump re-branded efforts to export liquefied natural gas (LNG) to markets in Eastern Europe and Asia that had been set in motion during the previous presidential administration.

    Here's how Energy Secretary Rick Perry explained energy dominance to the White House press corps.

    Technology innovations have allowed U.S. drillers to profitably extract oil and gas from shale rock formations, leading to a boom in fossil fuel production and exports. It has also opened the door to liquefying U.S. natural gas and shipping it around the world.

    The Nord Stream 2 pipeline:
    Economic, environmental and geopolitical issues | EP Strasbourg - July 2021 |

    The EU's dependence on Russian gas imports shows no signs of lessening. Although the Green Deal envisages a carbon-neutral Europe by 2050, natural gas remains a key part of the energy mix as coal is phased out and renewable energy is not yet ready to fully take up the slack. EU domestic gas production is fast declining, and there is not enough gas at affordable prices from alternative suppliers to replace Russian production.

    Launched in 2015, the Nord Stream 2 pipeline connects Russia and Germany directly via the Baltic Sea, following a similar route to Nord Stream 1 completed in 2011. Construction has taken several years, with delays due to protracted legal battles and, since 2019, US sanctions. Nevertheless, pipe- laying continues and is on track for completion in the next few months.

    Few energy projects have ever been as hotly debated as Nord Stream 2. Pipeline owner Gazprom, a Russian state-controlled company, argues that it is needed to meet the EU's growing demand for gas imports. Germany's energy sector also sees the pipeline as a viable commercial project.

    Some opponents point to the environmental impact of the pipeline's construction, as well as the contradiction between the EU's climate goals and long-term investments in fossil fuel import infrastructure. However, the pipeline's geopolitical implications are its most controversial aspect.

    Critics, including several EU Member States, describe Nord Stream 2 as a Kremlin project to export malign Russian influence as well as gas to Europe. They note that, combined with the new TurkStream pipeline delivering Russian gas to south-eastern Europe, it will eventually enable Russia to starve Ukraine's ailing economy of much needed transit fee revenue. The pipeline looks set to perpetuate Russia's stranglehold on EU energy markets and compromise European strategic autonomy.

    Russian gas supplies to EU drop via all routes, except TurkStream | EurActiv |

    Further reading, the American blue print from none other than the RAND Corporation ...

    Ukraine and the Caspian - An Opportunity for the United States | Rand Corp. - Year 2000 |

      The United States has said that the Caspian region, and the development of its energy resources, is a key national security interest. It has also made clear its commitment to the independence of Ukraine.

    The United States has said that the Caspian region, and the development of its energy resources, is a key national security interest. It has also made clear its commitment to the independence of Ukraine. But current options for Caspian oil transport are beset with political and logistical problems and, therefore, fall far short of guaranteeing the safe, secure export of Caspian oil in the short or long term.

    At the same time, Russia's increasing stranglehold on Ukraine's energy imports does not bode well for the smaller country's ability to maintain its hard-won sovereignty, and it increases the risk that Ukraine will call on the United States and its NATO allies to stand behind it against Russia. The development of an export route for Caspian oil through Ukraine is a cheap and effective means of ameliorating both problems, and thus an approach that Washington should support.

    The embarrassing loss of Afghanistan and retreat from Kabul, quite likely led to a very harsh policy and decision to force Russian forces out of the Donbas and Crimea. Stop the Minsk 2 agreement in Kyiv. No compromise, no negotiations, a power grab and political stranglehold on a reluctant Europe to go to war. The whole energy narrative took a turn towards confrontation and war from early Fall 2021 [read my timely and precise diaries during those months] as Europe faced more COVID-19 stress with the arrival of the Omicron variant. The upcoming election in France and the end of Chancellor Angela Merkel terms made this option for Joe Biden now or never. The Maidan revolt must be completed in total victory.

    Who Pays the Most for Russian Gas in Europe and Why | August  2014 |

    So mainland European economies are now fully dependent on shipments of LNG and high energy pricing due to turmoil in Ukraine. The Nord Stream 2 pipeline was primarily build to offset the shutting down of Europe's biggest gas deposits in Slochteren, Groningen.

    See also the excellent expert articles here @EuroTrib published by Jerome a Paris. Scathing rebuke of American foreign policy in the period of the illegal Iraq War, invasion, occupation and destruction.

    Will U.S. be a clean energy or fossil fuel super power?

    Either way paid for by their European allies.

    Display:


    'Sapere aude'
    by Oui (Oui) on Tue Aug 16th, 2022 at 05:58:56 PM EST


    'Sapere aude'
    by Oui (Oui) on Tue Aug 16th, 2022 at 06:00:58 PM EST
    "really cheap"

    like residential geothermal heating? 6% tax credit!

    any. day. now.

    by Cat on Sat Aug 20th, 2022 at 05:49:49 PM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Tue Aug 16th, 2022 at 06:02:01 PM EST

    Reality Is Not What It Seems. And That Might Just Save the Climate | DeSmog |

    But back on Earth, anti-science rhetoric and special interests have pushed us to the edge of climate chaos. Unless we act fast, Batalha's grandkids may actually point to the star, exclaim "there's life!", pack their bags, and hop in the nearest space-Uber.

    The biggest threat to climate action today is not the industry-funded deniers and skeptics left over from the 1990s. It's the elite business and political leaders who advance incremental solutions to the most radical issue of our time. They say we can't move too quickly lest we disrupt the economic order and throw society into a tailspin. Only a gradual phaseout of fossil fuels is realistic. And anyone who says otherwise is idealistic or naive.

    Yet, it must be said now and moving forward: These power brokers are advancing solutions that will assure our mutual destruction. Gradual, incremental action may have worked decades ago, but now it guarantees our passage into a hell realm of runaway climate change.



    'Sapere aude'
    by Oui (Oui) on Tue Aug 16th, 2022 at 06:10:38 PM EST


    'Sapere aude'
    by Oui (Oui) on Tue Aug 16th, 2022 at 06:13:53 PM EST


    'Sapere aude'
    by Oui (Oui) on Tue Aug 16th, 2022 at 06:15:57 PM EST
    [ Parent ]

    h/t Dallas News behind America's media wall to fend off international readers ... 😂

    'Sapere aude'

    by Oui (Oui) on Fri Aug 19th, 2022 at 10:36:57 AM EST
    Opinion: Fracking, nuclear and research are Europe's best energy bets | Financial Post - March 2022 |

    We must invest in sensible alternatives to Russian oil and gas, not engage in wishful thinking about renewable energy

    Second, we have been sold a largely untrue story that renewables can give us energy independence. Campaigners and governments have promoted the idea that renewables could replace fossil fuels and still provide cheap, abundant and reliable energy, which would --crucially -- deliver energy security while solving the challenge of global warming. The Russian invasion has exploded this myth and revealed it as nothing more than wishful thinking --especially for the European Union.

    For decades, the EU has claimed that renewables can deliver energy security because their energy can be produced at home and does not need to be imported. But the key renewables, solar and wind, are unreliable: they only work when the sun is shining or the wind is blowing. To achieve reliable power 24/7, solar and wind need back-up provided by gas. Thus, the EU's green energy policy contributes to its paying Russia over half a billion dollars every day, mostly for fossil fuels, especially gas, to provide a backstop for European solar and wind.

    Electricity makes up just a 20% of Europe's overall energy consumption, nearly three-quarters of which is met by gas and other fossil fuels. Despite the hype, solar and wind deliver less than four per cent of Europe's total energy. When German Chancellor Scholz insists renewables will make Germany "independent and less susceptible to blackmail" he is missing the point, because inefficient solar and wind don't keep homes warm. Electricity only delivers a tiny part of heating, with gas providing almost 40 per cent.

    Global fossil-fuel consumption subsidies were down in 2020, but they are far from out, rebounding to $440 billion in 2021

    US foreign policy still build around the fossil fuel lobby, after destruction in continental America, its sights are set on a weakened Europe. Thanking Joe Biden.

    'Sapere aude'

    by Oui (Oui) on Fri Aug 19th, 2022 at 10:38:19 AM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Fri Aug 19th, 2022 at 11:04:36 AM EST
    Nord Stream 2: FDP lawmaker slammed for suggestion to open pipeline | DW News |

    Wolfgang Kubicki of the FDP faced criticism from his own party and the government after proposing the opening of the Nord Stream 2 pipeline from Russia. He said there was "no sensible reason" to keep the pipeline closed.



    'Sapere aude'
    by Oui (Oui) on Sat Aug 20th, 2022 at 07:34:22 PM EST


    'Sapere aude'
    by Oui (Oui) on Wed Aug 24th, 2022 at 07:59:24 AM EST


    'Sapere aude'
    by Oui (Oui) on Wed Aug 24th, 2022 at 08:00:13 AM EST
    [ Parent ]

    Shielding UK households from fuel bills crisis 'could cost £100bn'; Brent crude back over $100 - business live

    The good old days just 6 months ago ...

    UK energy bills to rise by over 50% in April as regulator announces hike

    Ofgem, Britain's energy sector regulator, said that its price cap -- under which the average household's annual energy bill is currently between £1,277 ($1,730) and £1,370 -- would be raised by 54%, marking a record-breaking increase.

    'Sapere aude'

    by Oui (Oui) on Wed Aug 24th, 2022 at 08:01:37 AM EST
    The impact of rapidly rising energy bills on older people in Scotland

    Most vulnerable in society ... sacrifice for our freedom #defenders #zelensky #SlavaUkraini #FundingNato



    'Sapere aude'
    by Oui (Oui) on Fri Aug 26th, 2022 at 09:06:46 AM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Wed Aug 24th, 2022 at 08:07:16 AM EST
    Energy price compared to one year ago - monthly payment increase by €585 for average household. Grand larceny ... Rutte & Co. Eneco is willing to buy surplus solar energy from consumers for €0.09 while selling at €0.98. Net metering policy for solar PV in the Netherlands

    Committed to EU free market rules in Brussels for privatization of utilities. Households should be free to choose their energy supplier ... competition and security of supply. Damn you!

    The European Union Gas and Electricity Directives - Oct. 2005 [First Electricity Directive 1996]

      Consumers, particularly residential consumers, have little interest in how the electricity and gas sectors are organised. Their primary concern is that the supply of electricity is affordable and reliable and, for some, that it is environmentally sustainable. Choosing an energy supplier is not a pleasurable activity and changing supplier cannot give you better electricity, so consumers will only be interested in competition if it means they can save money.

    Japanese investors to buy Dutch utility Eneco for €4.1B | SP Global - Nov. 25, 2019 |

    Japanese investors Mitsubishi Corp. and Chubu Electric Power Co. Inc. have agreed to take private Dutch utility Eneco Groep NV in a deal worth €4.1 billion, after a bidding process that attracted the likes of Royal Dutch Shell PLC and KKR & Co. Inc.

    The agreement was confirmed in a news release Nov. 25, nearly a year after Eneco and its 44 Dutch municipal shareholders began a process to privatize the company, which owns onshore wind, offshore wind and solar generation assets in Europe and has retail electricity customers in the Netherlands.

    Dutch municipalities and regional governments invested in Icelandic Bank #Landsbanki #Icesave ... smart a$$es 😂 balancing profits and losses ... civilians lose.

    'Sapere aude'

    by Oui (Oui) on Wed Aug 24th, 2022 at 11:22:59 AM EST


    'Sapere aude'
    by Oui (Oui) on Wed Aug 31st, 2022 at 03:22:51 PM EST


    'Sapere aude'
    by Oui (Oui) on Wed Aug 31st, 2022 at 03:24:38 PM EST
    [ Parent ]
    .

    So reagiert Europa auf die Kostenexplosion bei Gas- und Strom

    Die Kosten für Strom und Gas steigen rasant. Ein drittes Entlastungspaket soll kommen, wenigstens darüber herrscht Einigkeit in der Ampel. Wie reagieren die europäischen Nachbarn auf die Preisanstiege? Jan-Friedrich Funk stellt die unterschiedlichen Strategien vor.

    'Sapere aude'

    by Oui (Oui) on Wed Aug 31st, 2022 at 03:25:17 PM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 09:11:34 AM EST

    How reliable and clean is Texas LNG delivery to Europe?

    Texas LNG Railroading the Public

    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 09:12:52 AM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 09:17:39 AM EST
    As a result Gazprom shuts down Nord Stream 1 ...



    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:02:57 PM EST


    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:04:02 PM EST
    [ Parent ]
    🔥 🔥 🔥

     

    Throw the bums out!

    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 12:05:03 PM EST
     

    The biggest problem is spiking natural gas prices, which have been wreaking havoc across the continent, turbocharging inflation, hamstringing industries, and making ordinary people shudder when they get their power bills in the mail. European natural gas prices are now around 10 times higher than they were on average over the last decade and about 10 times pricier than in the United States. Alex Munton, an expert on global gas markets at Rapidan Energy Group, a consultancy, said European natural gas is so expensive it's like paying $500 for a barrel of oil. And these are the good months.


    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:06:45 PM EST
     

    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:08:20 PM EST
     

    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:09:27 PM EST
    [ Parent ]
     

    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:10:10 PM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:25:55 PM EST
    [ Parent ]
     

    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:11:05 PM EST
    Will Haunt Us

    ... for at least another decade. #carbon #coal #lobby #redstates #UScongress



    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 12:20:57 PM EST

    Texas LNG Railroading the Public

    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 01:03:19 PM EST

    Fu*cking fossil fuel corporations raping planet Earth #emissions #environment

    Unleashing U.S. LNG
    Stopping CO2 emissions is a monumental global problem. Right now, we're moving too slow and missing the big picture. Unleashing U.S. LNG and replacing international coal with American natural gas is the largest green initiative on the planet and the world's best weapon to address climate change.


    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 01:04:38 PM EST


    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 01:05:45 PM EST
    [ Parent ]
    UK Statecraft - disinformation campaigns - biased think tanks - war propaganda

    Mark Ames: Cheney Starts New Cold War Over Oil | by Nomad on Jun 3rd, 2006 |

    Khodorkovsky and HJS -- Think tank behind Tory foreign policy promotes Arab world fossil fuel hegemony | The Guardian - May 7, 2014 |

    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 05:06:02 PM EST

    Global Britain in the grey zone: Between stagecraft and statecraft

     🇬🇧 EU ⁉️

    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 05:08:13 PM EST


    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 05:09:27 PM EST
    [ Parent ]

    🌍 🔥

    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 05:10:32 PM EST
    [ Parent ]
    By 2030 there is little left of Europe and the Four Freedoms build on peace between nations. The Nobel Peace Prize was for the founding principles, its rewards and not forward looking.  

    2012
    European Union

    for over six decades contributed to the advancement of peace and reconciliation, democracy and human rights in Europe

    Cooperation and peace ☮️ in Europe

    The Nobel Peace Prize was awarded to the EU on the grounds that the organisation had advanced peace, reconciliation, democracy and human rights in Europe. Furthermore, the EU had promoted friendly relations between the former archenemies Germany and France.

    The EU had also strengthened democracy in Greece, Spain and Portugal. The same development continued after the end of the Cold War, when a number of Central and Eastern European countries joined the EU. This enlargement did away with the division between east and west and settled many ethnically based national conflicts.

    Moreover, the EU had contributed to reconciliation in the Balkans in the aftermath of the wars there and the dissolution of Yugoslavia. In an era of major economic difficulties and social unrest, the union had played a stabilising role. Crises of that nature had previously triggered political and military conflicts in Europe. This was now virtually inconceivable, largely on account of the EU.



    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 05:11:31 PM EST
    [ Parent ]
    only
    by Cat on Mon Sep 5th, 2022 at 05:14:53 PM EST
    [ Parent ]
    Dutch government the winner with windfall tax profits on energy and inflation in general.



    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 07:42:34 PM EST


    'Sapere aude'
    by Oui (Oui) on Mon Sep 5th, 2022 at 07:43:33 PM EST
    [ Parent ]

    Translation:
    Retail, the inverted flag.
    Retail is in distress due to inflation and lower purchasing power, but who helps??


    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 07:44:22 PM EST
    [ Parent ]

    Translation:
    Why do small and medium-sized enterprises have to break down? Hard-working entrepreneurs see energy prices rise from 1,000 euros to 9,000 euros (chip shop) and from 25,000 euros to 88,000 (bakery). Why is there no action? SMEs are the cradle of the Dutch economy.

    'Sapere aude'

    by Oui (Oui) on Mon Sep 5th, 2022 at 07:45:03 PM EST
    [ Parent ]
    h/t Cat

    A grand bargain to steer through the European Union's energy crisis | bruegel |

    [TRUE] ... could undermine the goals of calming energy markets over the next 18 months and achieving ambitious decarbonisation targets. At the basis of the crisis is a post-COVID-19 global energy imbalance. While demand bounced back quickly as economies re-opened, supply did not. A particular challenge is that the reducing supply of fossil fuels in line with climate targets has not been matched by a commensurate reduction of fossil-fuel demand. 

    [FALSE] ... Russian manipulation of European natural gas markets since summer 2021, exploiting its significant market power, has deepened the crisis.

     

    US Congress from the Kyiv coup d'état in 2014 forward put sanctions on Russia in place and did everything possible to stop an European consortium to build Nord Stream 2. Even after Biden agreed with Chancellor Merkel the pipeline could be finished (June 2021) after a two year delay❗️the German government did not certify the exploitation due to a new EU law put in place by a terrified EP in Strasbourg ... or is it Brussels? It is all Europe's undoing ... don't do stupid things [quote president Obama 😂].

    Biden launched a very successful Blitzkrieg this year and destroyed Europe as an economic community. Let the Socialists die ...

    'Sapere aude'

    by Oui (Oui) on Wed Sep 7th, 2022 at 04:09:50 PM EST


    'Sapere aude'
    by Oui (Oui) on Wed Sep 7th, 2022 at 04:11:37 PM EST
    [ Parent ]
    by Cat on Wed Sep 7th, 2022 at 07:22:12 PM EST
    [ Parent ]
    Baerbock: Keine neuen Abhängigkeiten von Autokratien bei Energie

    BERLIN (dpa-AFX) - Foreign Minister Annalena Baerbock has warned against becoming dependent on autocratic systems when looking for energy suppliers for Germany. Reliable partners will be needed in the future, said the Greens politician on Tuesday at the Federal Foreign Office at the business day of the heads of German missions abroad under the motto "Business for climate protection and sustainability". "The principle of hope, things won't get that bad with these autocratic governments, we can't afford that a second time," she added. The minister did not say which countries Baerbock meant.

    Qatar did not make a good offer for liquid gas, Economics Minister Robert Habeck (Greens) said last week. Now the FDP is asking Chancellor Olaf Scholz to take action himself.

    ....
    "This principle of hope - it will work out somehow - we paid dearly for that. We're paying dearly for that now. And other people are paying for it with their lives," said Baerbock, referring to Germany's dependence on Russian gas. "In reality, we never got cheap gas from Russia. The price may have been cheap at certain moments. But what led to a cheap price was just blind dependencies or swapping of infrastructure, which was actually a security risk." Russian gas was "paid for twice or three times with our national security".

    Baerbock said that if Germany now enters into energy partnerships in the liquid gas sector, it is clear: "It will be switched to climate-neutral gas in the future. To green hydrogen. That is the only way we can go with our new energy partnerships."

    With a view to the economy's dependency on raw materials from China, Baerbock appealed to company representatives not to turn a blind eye to what was happening in the country. That applies to the planned China strategy of the federal government. "And I hope that also applies to your other economic activities," she demanded. Even the economy cannot afford to act according to the "business first credo" again, "without taking into account the long-term risks and dependencies".

    NUTS

    What a f*cking dreamer ... wrecking people's lives ... the surge in energy price is not sustainable ... setting her goal of 2030 or 2035 is outright an attack on Germany. Europe has been divided by cultures and there is and will be no cohesion. The European project has come to an end with a Big Bang. The planet is dying and we have an arrogant minister of foreign affairs sitting on the coattails of Joe and Jens. Ukraine is destroyed and what did anyone gain?

    A major shift of global wealth to authoritarian states Saudi Arabia, Abu Dhabi, Qatar, Azerbaijan, Russia and to an unstable United States delivering dirty LNG from fracking.  

    'Sapere aude'

    by Oui (Oui) on Wed Sep 7th, 2022 at 04:13:40 PM EST
    [ Parent ]
    The single EU policy is to sit together and meet ... no master plan ... deal with it as we go ... running behind the facts on the ground ... the common saying of the Dutch ... in case the world ends, move to the Netherlands, always running 50 years behind 😂

    The price of freedom and democracy | 14.03.2022 |

    However, we are also seeing significant effects in Europe, with energy and other prices rising and probably set to continue to do so. We, inside the EU, have to accept to pay also a price to stop this outrageous and unprovoked war: the future of our security and our democracies depends on it. The price to pay is the price of freedom.

    "The three ways of cutting
    our dependence on Russia
    are diversification of supplies,
    energy efficiency and the
    acceleration of renewables."

    To prevent asymmetric shocks from weakening the EU, we need to step up our capacity to show solidarity with the most affected countries. This is what we did after the 2008-2009 crisis, even if we were slow to do so. This is also what we need to do now.

    The heads of states and government agreed to phase out our dependence on Russian gas, oil and coal imports as soon as possible. It is not possible for us to continue to feed Vladimir Putin's war machine through our energy imports. The Commission will present, by the end of March, a plan to secure our supply in the coming winter season and specify by the end of May the details for the REPower EU plan to end our dependency to fossil fuels imports from Russia.

    In parallel, the heads of states and governments will address the impact of rising energy prices on EU citizens and businesses at the next meeting of the European Council on 24-25 March. In particular, we probably need to rethink our wholesale electricity pricing system, which is currently driven for all energy sources by gas prices, even though gas-fired power generation is a very small fraction of the whole.

    One emergency meeting follows another as the EU-27 nations and Brussels have smart goals but not the means to arrive without deep scars in society ... the gap between the poor and super wealthy will only surge ... pure capitalism.

    'Sapere aude'

    by Oui (Oui) on Wed Sep 7th, 2022 at 07:48:55 PM EST


    'Sapere aude'
    by Oui (Oui) on Wed Sep 7th, 2022 at 07:52:14 PM EST
    [ Parent ]

    Switzerland could jail violators of new gas use rules: Report

    'Sapere aude'

    by Oui (Oui) on Wed Sep 7th, 2022 at 08:53:13 PM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Wed Sep 7th, 2022 at 07:54:35 PM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Wed Sep 7th, 2022 at 07:56:48 PM EST
    [ Parent ]
    ibn watching this tool for a decade.
    by Cat on Sun Sep 11th, 2022 at 06:58:07 PM EST
    [ Parent ]


    'Sapere aude'
    by Oui (Oui) on Wed Sep 7th, 2022 at 07:58:04 PM EST
    [ Parent ]
    How Biden Lost The Support Of Young Americans

    Such economic concerns may be particularly acute for young people because they're just getting their lives off the ground. A survey report on Generation Z, conducted by Della Volpe's company Social Sphere on behalf of Murmuration, found earlier this year that 35 percent of Americans age 15 to 25 said financial independence was their most or second-most important life aspiration, ahead of other priorities such as having a fulfilling career or being married. "Financial independence was number one -- not wealth independence -- but literally doing something that millennials couldn't do, which is leave their parents' home," said Della Volpe.



    'Sapere aude'
    by Oui (Oui) on Wed Sep 7th, 2022 at 08:01:04 PM EST
    [ Parent ]



    'Sapere aude'
    by Oui (Oui) on Wed Sep 7th, 2022 at 09:14:22 PM EST

    Translation:
    Vladimir Putin's speech at the Eastern Economic Forum. Putin has announced that Russia and China will settle their trade relations in yuan and rubles without resorting to euros and dollars. #Putin

    'Sapere aude'

    by Oui (Oui) on Wed Sep 7th, 2022 at 09:15:06 PM EST
    [ Parent ]
    by Oui (Oui) on Wed Sep 7th, 2022 at 09:16:09 PM EST
    [ Parent ]
    The GHG acapocalypse is warming jet streams of BIBLICAL PROPORTIONS. Odds of annuder "mild winter" are 50/50 regardless of once-in-500-or 1200-year recorded natural disaster uncertainty, or country risk rating (MoE ~ wtf).

    PUTIN expectation management consultants should avoid mission creep statements; stick to predictable G7 sanctions' market failure "of choice", yanno, I mean, ifn Kremlin's PR goal is uhhh G7 "ray-geem" change. Guns 'n' butter kitchen table Ricardo abitrage opportunities and all that price=the problem, in the S/T "just transition" policy agitation is older'n dirt; ifn they want contract renewal.

    Not that anyone hooked to G7 "social media" ahhh filtration would notice what PUTIN sez.

    just sayin'.

    by Cat on Sun Sep 11th, 2022 at 07:20:55 PM EST
    [ Parent ]


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