Earlier quoted context omitted.
My house doesn't have a gas connection anymore. Let the sanctions come.
A lot of our electricity is still produced using natural gas [0], so you would still be highly dependent on gas for your electricity prices. [0] https://en.wikipedia.org/wiki/List_of_power_stations_in_the_...
Germany shelves Nord Stream 2 pipeline
161–170 of 470 posts
Re: Germany shelves Nord Stream 2 pipeline
#162Earlier quoted context omitted.
China is not stupid to become depended on Russian gas or oil supply. The deal they signed with Russia is for 38 billion cubic meters of gas sent through "Power of Siberia" gas pipe (for comparison, in 2006 Poland purchase from Russia 206 billion cubic meters) and this throughput will be reached in 2025. Russia has no practical way to transfer gas designated for Europe to China, there is no pipe they can use as gas co…
Russia is already dependant on China. Without China they would not be able to weather economic sanctions and a China-Russia (plus minor countries like Belarus) is forming a new anti-Nato block. The logical next move if the pipeline to Europe falls through is for those speedy Chinese builders to build a pipeline. Russia isn't going to defect and even if they do it wouldn't cripple China. It's in China's interest to ke…
This is a weird extrapolation. Assuming Europe remains impotent, the UK, Australia and U.S. are going to have more mobile firepower than China has total firepower for decades to come.
Re: Germany shelves Nord Stream 2 pipeline
#163Earlier quoted context omitted.
The "Green" energy minister that lobbied Europe to have natural gas recognized as a "green" source of energy, while doing their utmost to block any other country from moving on with nuclear ? Super green.
This is literally the opposite of what the minister has said: https://www.bmwi.de/Redaktion/EN/Meldung/20220101-eu-taxonom... Please don't spread misinformation.
Re: Germany shelves Nord Stream 2 pipeline
#164That is not remotely pulling the plug. This is "thinking about it" again. They already stopped accreditation a few weeks ago, otherwise it would already transport gas as the pipeline is already filled. They just say that they have officially stopped the process which they more or less already did. I think in a year it might come online again if the news cycle is on another topic. Overall it will be much more expensiv…
The German companies buy from Gazprom under the umbrella of the cheap long term contracts and now are selling to Poland. The German companies order from Netherlands way much more then in previous years (almost double), because of long term contracts, that Netherlands has to fulfill.
Here you have the companies, which are really profiting. It is not so much Gazprom as you may think.
Re: Germany shelves Nord Stream 2 pipeline
#165Remember like a week ago when the Germany navy said the idea that Russia wanted to invade Ukraine was nonsense? Fools.
Re: Germany shelves Nord Stream 2 pipeline
#166Earlier quoted context omitted.
> Taiwan, Philippines, Japan... Come on, China is bad enough as it is, no need to overdo it with imaginary threats. (Edit: wow impressed by how fast these downvotes came. I wonder if it was triggered by the “China is bad” part or my point that a Chinese invasion of Japan or Philippines is a complete fantasy. In case it's the second part, you should probably take a break from American news…)
While Japan may be a stretch, it is not an exaggeration that China has designs on the territorial waters of the Phillipines and Vietnam and currently lodges diplomatic protests when Koreans flaunt their traditional culture, revealing something that looks like an expectation of tribute.
Interestingly, the Philippines were previously invaded and occupied by Spain, the US, and Japan but never China although one of their nearest neighbour... Likewise although there were conflicts and Northern Vietnam was briefly taken over by China 600 years ago, Vietnam was only fully colonised by France. This is just to point out that China is not historically as aggressive as we are in the West.
Re: Germany shelves Nord Stream 2 pipeline
#167A related report from the BBC (published a few days ago): Europe gas prices: How far is Russia responsible? https://www.bbc.co.uk/news/58888451 Some key points in the BBC article: - Russia supplies about 40% of the EU’s natural gas imports. Most of the rest comes from Norway and Algeria. - Russia sends gas to Europe through several main pipelines - such as the Nord Stream, the Yamal-Europe and the Brotherhood (see th…
Biden has discussed with US energy companies on how to get them into providing LNG capacity to European needs.
Re: Germany shelves Nord Stream 2 pipeline
#168Earlier quoted context omitted.
You lose something like 70% of the thermal output of the reactor in the conversion to electricity. Also the capacities a nowhere near large enough. Nord Stream 2 alone can transport something like 63 GW worth of gas. This is more than the total electricity consumption of Germany.
And for a home heater, 80% of the heat from the gas you burn goes up the chimney. Larger energy capture devices can be more efficient. One highly-efficient fuel burning plant providing power to a hundred thousand electric resistive heaters can produce more useful heat per unit fuel than a hundred thousand small-scale self-maintained home furnaces.
Re: Germany shelves Nord Stream 2 pipeline
#169Earlier quoted context omitted.
I wonder what contingencies the Germany navy is planned for and capable of handling, if they couldn't even get their heads around this being a possibility?
The German navy consists of more than one guy (who, by the way, didn't state what you claimed he stated).
Re: Germany shelves Nord Stream 2 pipeline
#170My personal opinion: All this Ukraine stuff is also supported by China. I bet they are ready to buy Russian oil and gas to compensate even if this costs them more than getting them from the open market. Why? Because this is a wonderful test drive to check how the West (sorry for the approximation) is reacting to a country theoretically supported by the West being invaded by another one. For me, the next one on the li…
> All this Ukraine stuff is also supported by China Tolerated is a better word. There was ample ex ante evidence that the offensive was to be delayed until after the Olympics. And Russia being more beholden to Beijing as an energy supplier is certainly not bad. But supporting separatism, in any form, isn’t great for Beijing. And China has relations with Ukraine. Huawei has contracts. And China buys Ukrainian weapons.