EU achieved independence from Russian fossil fuels

#1

Post by belter » Tue, May 30, 2023, 3:54 PM UTC

EU achieved independence from Russian fossil fuels
insightnews.media

Re: EU achieved independence from Russian fossil fuels

#2

Post by mkl95 » Tue, May 30, 2023, 4:21 PM UTC

EU traded off massive inflation for independence from Russian fossil fuels. A victory for politicians, not so much for the Otto Normalverbraucher.

Re: EU achieved independence from Russian fossil fuels

#3

Post by fishnchips » Tue, May 30, 2023, 4:24 PM UTC

mkl95 wrote: post #2

EU traded off massive inflation for independence from Russian fossil fuels. A victory for politicians, not so much for the Otto Normalverbraucher.

Short term loss for long term gain.

Re: EU achieved independence from Russian fossil fuels

#4

Post by jasonvorhe » Tue, May 30, 2023, 4:27 PM UTC

What about the countries buying up Russian gas an reselling it to EU countries? Did they stop that or have those countries just gotten smarter in hiding the origins of the gas?

Re: EU achieved independence from Russian fossil fuels

#5

Post by ilyt » Tue, May 30, 2023, 4:28 PM UTC

mkl95 wrote: post #2

EU traded off massive inflation for independence from Russian fossil fuels. A victory for politicians, not so much for the Otto Normalverbraucher.

Not being dependent from terrorist state for basic necessities like fuel is worth it.

Re: EU achieved independence from Russian fossil fuels

#6

Post by Lariscus » Tue, May 30, 2023, 4:28 PM UTC

mkl95 wrote: post #2

EU traded off massive inflation for independence from Russian fossil fuels. A victory for politicians, not so much for the Otto Normalverbraucher.

So do you suggest throwing Ukraine under the bus for cheap energy?

Re: EU achieved independence from Russian fossil fuels

#7

Post by toolslive » Tue, May 30, 2023, 4:29 PM UTC

If we could just convince India to boycott Russian Oil as well, the regime would crumble, no ?

https://www.bbc.com/news/business-65553920

Re: EU achieved independence from Russian fossil fuels

#8

Post by pupperino » Tue, May 30, 2023, 4:31 PM UTC

mkl95 wrote: post #2

EU traded off massive inflation for independence from Russian fossil fuels. A victory for politicians, not so much for the Otto Normalverbraucher.

"Massive" is a bit of a strong word. One year of 8-16% inflation with historic averages close to 2-3% is actually quite ok and demonstrates the European Central Bank's credibility.

Re: EU achieved independence from Russian fossil fuels

#9

Post by hunglee2 » Tue, May 30, 2023, 4:33 PM UTC

EU continues to important Russian oil, it has just been refined and rebadged by India, Saudi Arabia, China and others, so that a statement like this could be made. EU is basically paying a premium in order to stake a claim to moral high ground they don't hold

Re: EU achieved independence from Russian fossil fuels

#10

Post by EuropeOverlords » Tue, May 30, 2023, 4:34 PM UTC

[dead]