Whether or not the #nordstream #pipeline was #sabotaged or not, the point is that #russian #energy if off the table indefinitely: https://www.zerohedge.com/commodities/da.. It's hard to tell whether this is from #russia or some other group that has an interest is seeing #tensions ruse, perhaps #china or the #us ?
Yeah, the #uk is not looking good over the #winter for #energy https://youtube.com/watch?v=9Wc_I6dffrI The only good thing is that we are somewhat #decoupled from the #eu , being #energy #secure in the #eu is no good if your #neighbour is #short ... It's a shared #drig after all. Expect #power #instability in the #eu .
This is an #exceptional #thread on the current #eu #energy #crisis and explains why we can expect #rolling #blackouts this #winter with a 99% certainty (a number I can agree with): https://threadreaderapp.com/thread/15679.. The problem is that this #energy #crisis could last at least 5 years...
The #us 's #biden #administration are selling #oil from the #strategic #reserve to help keep #prices low: https://www.wsj.com/articles/america-has.. This means that if they do have an #energy #crisis , they will now be very #vulnerable . Worse still, the #oil is being #sold to #china .
This #article raises a great point, the only way the #eu have to generate #money for #projects is either #tax (which is limited) or #printing #money https://www.zerohedge.com/geopolitical/e.. As #ukraine and the #energy #crisis continue, the only method they have to try to " #fix " these things is to keep #printing #money and *hope* #inflation doesn't get out of control.
As if the #german #energy #crisis could not get any worse, they need to #shutdown one of their few #remaining #nuclear #power #plants because of a #suspected #leak https://www.zerohedge.com/energy/german-.. It literally could not happen at a worse time.
@barray on Wed Sep 14 18:29:15 UTC 2022 said: &eLooks like the #german #energy #crisis now has #contagion as more #energy #suppliers are looking to be #nationalized https://www.zerohedge.com/markets/german.. The problem here is that I don't think the #german #government even has the #resources to run these large #suppliers .Okay... The #german #naturalgas #importer #uniper might be #nationalized as the #energy #crisis worsens: https://www.zerohedge.com/commodities/ge.. Things are certainly getting worse.
Okay... The #german #naturalgas #importer #uniper might be #nationalized as the #energy #crisis worsens: https://www.zerohedge.com/commodities/ge.. Things are certainly getting worse.
#ecb appears to be #preparing for mass #eu #energy #company #defaults https://www.zerohedge.com/markets/ecb-sc.. It will be interesting to see what they do after, #bailout them or take them over. Given the #eu 's naturally #expansionist #behaviour , I expect they will look to #control them and therefore make the #nation #states #dependent on the #eu .
As a #scientist / #engineer , I think this #view is the #energy #crisis is quite #insensitive https://www.science.org/content/article/.. People are going to *die* this #winter in #europe due to not being able to #heat their #homes . They will *die* because of the #food #shortages . The will *die* because they lose their #income and have no real #social program to lean on. #research is what happens when times are good.
#antwerp spitting #facts about the #eu 's #green #energy #agenda https://www.zerohedge.com/geopolitical/a.. #companies will simply take their #business elsewhere . Apparently #banks and #finance are moving their #hq 's out of the #eu simply due to #energy #concerns .
Interesting #strike #plan by #dontpayuk , who are looking to #cancel their #energy #direct #debits if they get 1 #million #signups https://dontpay.uk/ The #problem is, they don't offer any actual plan to #reduce #costs . This #organization is weird though, they list *nobody* behind it: https://dontpay.uk/about
*Holy shit* - #energy #bills in the #eu are set to take up 20% of the #average #home 's #disposable #income https://www.zerohedge.com/commodities/eu.. That is before the #ecb come into #hyper #inflation ...
#uk #manufacturing that we desperately need to #promote is at high #risk of actually shutting down due to increasing #energy #bills https://www.zerohedge.com/economics/6-10..
Seems like #cern will soon be shutting down to save #energy given the current #eu #energy #crisis https://www.swissinfo.ch/eng/sci-tech/ce.. Pretty telling of the time. Whilst #france is doing the right thing in #maintaining their #nuclear #power #plants , they couldn't have chosen a worse time to do them all at the same time!
Would you look at that, #russian #energy #company #gazprom have completely #shutoff #nordstream #shutdown indefinitely due to an " #unexpected #leak ": https://www.zerohedge.com/energy/surpris.. Things are just about as bad as possible for the #eu as they could possibly be without a #war .