This is stupidity. Renewable energy will win in the end.
From the article
"It seems clear that for us there are no other ways out than a decisive shift toward renewables, already today much cheaper than fossil fuels and capable of completely replacing them. Politicians have not yet understood this, but moving to renewables would protect us from new crises of energy availability and from blackmail by producers. But it's not something that can be done overnight."
Is it me, or does he skirt over Europe not working increasing the supply of gas locally? I'm not saying they could replace Russia or the US, but they could almost certainly produce more (whether via fracking or whatever).
They could also import from North Africa - Spain does it, Germany wants a pipeline, but France is inbetween these two and blocks such initiatives to try to keep a future for their failing nuclear industry (even if 50% of it is offline), under various fake pretenses. It looks like a catastrophe in the making, and public opinion about say fracking or support for war sanctions might change when say grandmas start making…
Fracking probably takes awhile to get started...also geological European conditions are not great for that.
I do wonder why the Dutch won't reopen the Groningen gas field. Yes earthquakes I know but this is a real crisis.
This is stupidity. Renewable energy will win in the end.
Will that be soon enough for the Aluminium, steel and fertilizer plants that are currently idling and have fired 90% of their work force?
In NL we even have food packing companies shutting down production this winter for 6 weeks.
How many months/years of idling will it be before they go bankrupt or the owners decide to pull the plug?
Well, with inflation, war, various shortages, lack of power for the winter, I'm very trustful in human nature, but that may be a little too much for Europe.
They could always make a new deal with the Russians if they will face imminent famine and the collapse of industry (which I don't believe they are). All in all sounds like hyperbole to me. A harsh recession is very likely though. Seriously what is the theory here, they care about Ukraine so much they are willing to implode for it with no plan b? I find it hard to believe.
It's not that the other Europeans particularly care about Ukraine. They remember what happened last time they tried to appease an aggressive, expansionist dictator. If Ukraine is allowed to fall then next it will be Moldova, Lithuania, Poland, and so on. Better to take the pain now while the problem is still manageable rather than letting the situation spiral out of control.
One of the constant refrains in the Anglo-Saxon world is to describe Europe and the EU as permanently on the verge of collapse. It has not occurred so far, and it will not occur this time either.
Except it appears the author is Italian, not Anglo-Saxon.
Is it me, or does he skirt over Europe not working increasing the supply of gas locally? I'm not saying they could replace Russia or the US, but they could almost certainly produce more (whether via fracking or whatever).
I also believe they could get all the gas they ever wanted by building a pipeline through Turkey to Turkmenistan. With this disaster of a war ongoing the Turkmen government might be willing to risk playing ball with Europe.
I’m currently in Chiang Mai, a city known for its digital nomad/entrepreneurship scene. Lots of European natives here who’ve been in the city for months. Many have even moved here permanently. Talking to them, there is a definite sense of pessimism, bordering on fatalism, about them. Some of this is reflected in salaries - skilled white collar workers get paid well on average in Europe, but their salaries haven’t kep…
As a European, there might be a stagnation for few years as energy sources will be needed to be resolved first, otherwise relatively low wages are compromise for relatively high taxation and thus bearable public services, like working public transport or public hospitals.
This is stupidity. Renewable energy will win in the end.
Renewable energy doesn't supply the chemical feed stocks that we currently obtain from fossil fuels. Those are essential to industrialized society and there are no cost-effective substitutes.
One of the constant refrains in the Anglo-Saxon world is to describe Europe and the EU as permanently on the verge of collapse. It has not occurred so far, and it will not occur this time either.
The article just takes "cui bono" and runs with it. Nordstream blown up by CIA, wink wink. Also, obviously!, total collapse of industry within 2-3 years and return to serfdom.