Bigtime. But when you've spent the last decade plus completely indoctrinated in conservative spin 24x7 having these kinds of things 'splained to you repeatedly you start thinking it makes sense. As an infamous minister of propaganda once said, repeat the lie often enough and people will believe it. |
Get out of your echo chambers. That Russia has Europe in a bind over natural gas supplies (and particularly Germany) is well understood and covered. https://www.ft.com/content/b23082f5-030d-42df-be8b-3d55ef613b1a https://www.independent.co.uk/news/world/europe/russia-ukraine-nord-stream-2-pipeline-b2018893.html https://www.washingtonpost.com/politics/2022/02/18/german-economy-depends-russian-gas-theres-long-history-behind-that/ https://www.thetimes.co.uk/article/putins-gas-pipeline-the-stasi-connection-fklvlkk5q https://www.washingtonpost.com/opinions/2022/01/01/germany-is-closing-its-last-nuclear-plants-what-disaster/ (MT Newswires) Commerzbank analyst Barbara Lambrecht on Thursday said she expects Germany to bear the brunt of any interruption of natural-gas supply should Russia cut off shipments in retaliation for the imposition of sanctions if Russia follows through on an invasion of Ukraine as it continues to build up troops and materiel on its border with the country. "A supply freeze of Russian gas would affect the EU countries to varying degrees, even if there is basically a single gas market," Lambrecht said in a report. "Germany is by far the most important sales market for Russian gas: Germany, which covers a quarter of its energy consumption with gas and is thus above the EU average, obtains more than half of its gas requirements from Russia. Germany does have the largest storage volumes within the EU and, with a storage capacity of around 24 bcm, ranks fourth in the world behind the USA, Russia and Ukraine. But even these reserves - unlike in recent years - are not better filled than in the rest of Europe ... New supply could only be attracted by higher prices. Germany would undoubtedly be the country most affected in the EU." -0- Feb/17/2022 16:25 GMT |
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+1, find a new occupation that isn’t dependent on driving. I’ve been WFH for two years now. Couldn’t be happier. |
If everyone who needs a big truck to do their job changed jobs, who would you hire to renovate your home? Or, who would deliver your online purchases? Or, deliver that new living room furniture you just bought? |
How do they seem to manage in Germany and France? |
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This is also a consequence of adopting all of the moronic prescriptions by liberal academic economists who preached globalism like it was a religion and they we'd all be better off outsourcing our manufacturing because of some hocus pocus effects of comparative advantage.
I think the free-flow of capital across borders is an idea that has mainly been encouraged by conservative -- as opposed to liberal -- economists. |
Echo chamber? The premise was that Germany got too green. Germany's dependence on natural gas is the EXACT OPPOSITE of green tech. |
My area is well served by public transit. Stop inventing hypothetical problems to support your failed argument. |
The rural folks have to create fantasies in order to make themselves feel important. |
I want to see the plumber with all of his tools take a bus you your house. Please. |
They use trucks and pass the high cost on to the buyer. Don’t complain about high delivery charges when it happens. |
Hey do not insult the president! He may be senile, incompetent and liar but he is not and idiot! |
Yes, the pipeline would have added more exports to the world market. Considering that was the only purpose of the pipeline- to wreck our waterways and property in order for the Canadians to sell on the world market. |
Since 2010, Germany has tried to go green with renewables and retirement of nuclear and coal. The problem has been that renewables are more expensive and intermittent. Cost is a problem for the German manufacturing sector and intermittency is a problem for the whole society. Since Germany (really Merkel) political commitments to its phase out Nukes and Coal, and since you have to solve the aforementioned cost and intermittency problems, natural gas has been the answer for Germany. Since 2010, as a mix of production, Natural Gas has grown in Germany by about 33% while nuke and coal have declined by similar material percentage. And since Russia is the single most important supplier of natural gas to Germany, you now have Germany in a compromised geopolitical position with respect to Russia. |