War is an outcome of ideology and economics, and the latter is perhaps the most powerful weapon. As the harsh reality of Europe’s insufferable decades-long efforts to embrace the virtues of climate change begin to settle in, the reasonable adults in the conversation are able to see how their weakness is being exploited by their adversary.
On Sept 7, the President of the European Commission, Ursula von der Leyen held a press conference in Brussels, announcing five initiatives to contain the expensive EU energy crisis: “The goal is clear. We must cut the revenues of Russia that Putin uses to finance this atrocious war against Ukraine.” {Go Deep}
However, Russian President Vladimir Putin made it very clear that any further efforts to weaken his economy, via western sanctions and interventionist efforts against his economy, would be met with retaliation in the form of cutting off all oil and gas supplies to Europe. It appears the Europeans now understand the nature of their vulnerability.
(Via Reuters) – The EU has dropped plans to cap the price it pays for Russian gas.
Energy ministers from the bloc met Friday (September 9) in Brussels. They scrapped plans for the cap after the idea failed to win broad support.
Member states in central and eastern Europe who still get gas from Russia feared retaliation by Moscow. Russian President Vladimir Putin had said he would cut off supplies altogether if a cap was imposed.
However, ministers did agree to claw back revenues from some power producers and will use the money to curb consumer bills. European energy prices are typically set by gas plants. That leaves generators using nuclear, wind or coal raking in revenue, as their running costs haven’t risen as much or at all.
On Friday, some EU nations also argued in favor of a general cap on all gas imports. However, European energy commissioner Kadri Simson said any such move would be risky:
“The general price cap, including LNG imports, could present a security of supply challenge, because the LNG market is a global market. We are not among the three biggest LNG-importing regions or countries, and there is very strong competition in the LNG market and right now it is very important that we can replace the decreasing Russian volumes with alternative suppliers.”
The EU windfall plan will now be fleshed out in the coming days, with another meeting of energy ministers seen possible later in the month. (read more)
President of the European Commission, Ursula von der Leyen previously announced five initiatives to contain the expensive EU energy crisis: “The goal is clear. We must cut the revenues of Russia that Putin uses to finance this atrocious war against Ukraine. And now our work is paying off. At the start of the war, gas from Russian pipelines accounted for 40% of all imported gas. Today it has dropped to only 9% of our gas imports. These are tough times. But I am convinced that Europeans have the economic strength, the political will and the unity to maintain the upper hand,” she said. The United States and Norway are the primary suppliers of gas to the EU to fill the void.
Commissar von der Leyden’s five initiatives included:
(1) Conservation of electricity through forced and mandated cuts in electricity use. The amount of the cut has yet to be determined but reducing demand through forced curtailment of electricity use is the first approach. [Insert California as an example here in the United States.]
(2) A cap on the profit generated by energy suppliers who use renewable energy like wind and solar. The renewable industry has lower costs, yet they are profiting from the top line increase in delivered electricity. The EU commissar is proposing to confiscate the profits of Green Energy suppliers, direct the funds to the member states and then use those funds to subsidize the energy costs of poorer EU citizens.
(3) A cap on the profits generated by traditional fossil fuel energy suppliers (oil, coal, nuclear, gas electricity generation), and the diversion of those profits following the same formula as above.
(4) Banking support and financial liquidity for smaller regional energy providers who are having short term financial issues as they must pay massive amounts of money for the raw material needed to generate electricity. Essentially, the cost of coal, oil and LNG has skyrocketed, and there is a lag between the time they energy company must pay for the fuel source and the time the customer pays the electricity bill. The inbound fuel costs (new) are so extreme the inbound payments for prior electricity (old) are not covering the cost of the new supplier purchase.
(5) A price cap on Russian natural gas. To accompany the increased import of Norwegian and U.S. gas. This sounds like a bizarro effort to manipulate the market which could backfire. If Russian gas is cheaper than EU market gas, the smart energy providers will purchase the Russian gas.
Number five is now scrapped.
Not a single word about increasing the supply of any traditional energy resource. These EU ideologues -bureaucrats within a system that is not representative of democracy- are so committed to the cult of climate change and renewable energy, they are willing to destroy the EU economy in order to lower demand to the level of their windmills and solar farms. However, it looks like alternate, perhaps even sensible people within the EU, are starting to realize the ‘climate change’ ideologues are the real and present danger.
You didn’t listen to our Trump, you dumb sh**s.
He who laughs last, laughs loudest, comes to mind!
Neither did we! At least not the ones who are in charge right now!
So we are going to send LNG to Europe while our own heating bills sky rocket and everyday Americans freeze. I can’t get enough of this Biden economy.
Skyrocketing natural gas prices will be added to
increased food costs and
ever increasing labor costs,
which will equal restaurants going out of business, too!
*including here, in the U.S.
Its already happening, right in front of our faces…….
I knew Biden would be bad but never in my wildest dreams did I think he’d be a disaster. I’m missing the days of Jimmy Carter and the gas lines!
It was easy to know as TRUMP got elected because of these same policies they were pushing under 0bama admin.
Once 0’Biden got in it was immediately restarted with the Pen And Phone policies and they just continued what they were doing.
It is the (U) uniparty policies of the Republican and Democrat traitors to the USA and it’s Constitution which they swore an Oath of Office to.
At least the insufferable ” I-asked-for-it” Charlie Brown is cute, you idiots. You’re not.
They’re so screwed.
They hate Trump. He warned you fools.
Revolution now set for Europe. Cold hungry people are no friend to their own governments. Do not be worrying about Russia going to war with you, worry about your own people.
It’s no different in the US.
Policies such as the Green New Deal and the Great Reset will destroy US prosperity and US families.
Around the western world governments have declared war on their people
It’s as if all the cultural heritage of Europe and America must be erased.
Everything from the Reformation, Enlightenment, and much of what followed resulting in the modern era from the industrial revolution.
Think of it. We owe much to the works of the like of John Locke, Federic Bastiat, Thomas Jefferson and many, many more.
They are trying to destroy and control everything. Renewables, while great on paper, are not a true replacement for fossil fuels. They just don’t get that and honestly don’t care because they think the environment is such a fragile place that needs to be save from humans. I will not comply.
Don’t kid yourself, they GET IT! They just have to have a convenient excuse for their destructive policies!
stop with the ‘fossil’ garbage … oil has nothing to do with fossils … oil is a gift and a blessing from the “CREATOR” … “HE” has created eveything that mankind uses to make life easier and more abundant … the ‘created’ on the other hand … has done nothing to deserve any of this and we still can’t fathom that we … ( the created… ) are useless and desperate with out those gifts and blessings … the chaos you see daily on this planet ,now … is “HIM” taking those ‘blessings away … and exacting “HIS” … ‘righteous judgement on an ‘arrogant’ and sinful humanity … stand by for ‘sodom and gommorrah the sequel … to be laid at the feet of this entire planet … to show us … that “HE” runs the show … not the ‘created’ …….
They think they can rule over their “subjects” unconditionally and destroy our way of life. I suspect that they will be wrong and pay dearly for their tyrannical behavior! As in equal and opposite reaction?
RIBLES – payment only accepted in rubles – it really is quite hilarious – if the people weren’t so well trained in obedience (much like the US) politicians would be hanging from lampposts all across the land.
The only one who benefits from this insane game is China. That’s exactly why China pays all these politicians in both the EU and the US to promote this climate change nonsense. Not only does it make regular Chinese trash more competitive but China also manufactures the vast majority of the solar panels, car batteries and other “green” things. And China gets the vast amounts of Russian energy cheap and easy.
China is not your number-one enemy. Right now, your number-one enemy is the United States government.
Same difference
Spot on.
May I elaborate……the FBI, NSA, DOJ, CIA, IRS, NIH, CDC and every other G institution.
India is also benefiting massively from buying Russian energy and reselling it to the West.
It’s called BRICS. All the smart countries in the East and not part of the EU know they have the winning hand. The foolish EU and North America will be humbled due to their deference to the WEF.
When Trump is re-elected; he should align the USA with BRICS? When the world is going insane; stay with the sane people!
gee are the krauts still laughing
They’re probably feeling a bit sour…
😆
“Alternative sources” is the US natgas market.
Which will raise our rates exponentially if we do not expand our own fracking again.
LOL. Because Russia refuses to sell you gas! It’s going to be 0% soon … though you are still buying it at twice the price after it transits through China.
Irony is they will still be buying Russian gas except transhipment will obfuscate the origin of the product and add more profit for the middlemen at their expense.
Von der Leyen surely spends her “leisure time” in a dungeon, wearing leathers and sporting a whip, while engaging in “interesting” role play with her fellow WEF fetishits, perverts and S&M enthusiasts.
Yet Monday morning, out come the freshly pressed pant suit and sensible shoes.
Bingo! 😄
Everybody has a plan until they get punched in the mouth.
(Iron Mike Tyson)
President Trump ‘asked’ leaders not to allow the likes of isis to have refuge in their countries…… Oh, that sword dance!
People of Europe, do not allow the WEF and their ilk to have refuge and power over you in your countries.
poof!
Our or I mean your climate queen was a big Ukraine supporter even donning the Ukraine colors , she would be turning over in her grave if she knew this .
Wishing the EU would fall is probably too much to ask. They deserve it though. As to US, how many three letter agencies should fall?
Keep an eye on Italy, they have an election is one or two weeks and the Conservative womann has an excellent chance of winning. if she does Italy may leave the EU.
That will benefice Europe, no irony here at all. The wet dreams of total control nursed by the WEF freaks …circling the drain fast…
Gee…the totalitarian drif of these degenerates was a scary wake up call coming Covid-19, and all of them, like vultures, jumping at the long awaited and carefully prepared opportunity.
Hopefully The Creator will continue to show mercy for his children, knowing how limited we are, since many aren’t evil.
…the political will and the unity to maintain the upper hand,” she said. 🤣😂🤣 Vladimir Putin’s sides must be sore from laughing so hard at these people.
These countries re run by STUPID people.
I think you misspelled “evil people”?
They are just playing games with us.
I can see the gears turning in CIA heads with a fantasy of another anti-ship missile from Ukraine, with US/CIA geo-positioning and targeting guidance and intelligence
Better not, Boys …
Climate Change
Interview does not go as planned
https://gab.com/JasperWoodcock/posts/108975806151178306
-“@JasperWoodcock Astrophysicist explains climate change.
“Only connection is man is here at the same time the sun and the moon are doing things.”
Awesome…
“They’re on a gravy train”….
The talent on the TV was taken aback, while the good Professor just laid it down simply: “Man is just here at the same time as the sun and the moon”…..
Truly awesome.
Whatever happens in Ukraine, and I still believe Russia has not gotten truly serious on the war front, wait for the refereendums, the real war is a proxy war between Davos/WEF and BRICS.
And right now, BRICS is winning biggly.
Just wait until the EU freezes and their politicians are told to order Ukraine to stand down.
The WEF crowd perhaps made a mistake going full totalitarian too quickly when Covid-19 showed up on the scene. I guess they couldn’t help thselves.
Their vaccine mandates and lockdowns woke up a hell lot of their (supposedly) previously unsuspecting own subjects… it was OMG THEY ARE COMING FOR US!!!
When the Euroweenie ruling elites suffer no consequences from their own climate change policies “they are willing to destroy the EU economy in order to lower demand to the level of their windmills and solar farms”! It’s really no different than our elites in Congress who are unaffected by the Green New Deal spending they passed and who are also willing to destroy our “economy in order to lower demand to the level of our windmills and solar farms”!
No effort here either to increase our supply of reliable fossil fuel energy! Almost makes it seem like there is collusion between the Euroweenie elites and our ruling elites!/s
If you want to see examples of pompous asses, look no further than the (non-elected) ‘leaders’ of the EU.
Fire up the coal plants boys!
In Poland, citizens are lining up and sleeping in their cars at the coal mine to get a load of coal. I imagine they throw a tarp in the trunk and load up
“This Is Beyond Imagination”: Polish Homeowners Line Up For Days To Buy Coal Ahead Of Winter
with Poland still basking in the late summer heat, hundreds of cars and trucks have already lined up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights to stock up on heating fuel ahead of the coming cold winter in queues reminiscent of communist times.
“This is beyond imagination, people are sleeping in their cars. I remember the communist times but it didn’t cross my mind that we could return to something even worse.”
HAHAHAHA–nothing says panic like scrapping your policy 2 days after announcing it. Time to flatten the EU, flatten NATO, drive the ukie nazis into the EU, and Ukraine as an independent country will be a historical footnote. Unconditional surrender is the only option after the NATO/USA war of aggression. Time for the Yankee occupation of Europe to end, just go home. The people of the EU that voted for the crazies who have committed national suicide deserve what’s coming, maybe they will drive the political class and the WEF out.There is a great reset in motion,but not the one the ”elite” planned for us.
“In April alone, an average of 1.6 million barrels of oil a day left Russia for unknown destinations, according to Fortune, citing tanker trackers tracking tanker movements.”
https://sachkhabrain.com/en/world/europeans-secretly-buy-oil-from-russia/
“And now our work is paying off. At the start of the war, gas from Russian pipelines accounted for 40% of all imported gas. Today it has dropped to only 9% of our gas imports. “
But wait a minute, I thought Putin was responsible for the drop to 9% of the gas imports.
So which is it, the EU not wanting Russian gas, or, Putin “weaponizing” energy exports ? ( rhetorical question ).
If Russia starts losing in Ukraine I fear the worst. Low-intensity sabotage against renewable power sources by Russia and China would destroy most civil societies in the EU.
Trump was spot on. Our nation needs to be energy independent! Biden has hurt us so much, he wants us to be like the EU nations, dependent on Russia and the Middle East!
Has anyone taken time to figure out how many people would survive if all farms, transportation and industry had only renewable energy to produce their services?
Would it match the five hundred million which was etched on Georgia Guidestones?
Yes. How does FedJB expect Renewables to power AF1 and the rest of the commercial jet plane transports, locomotives, semi-truck transports, heavy construction equipment, farm equipment, buses, and etc ???
It is certainly going to take some extra special out-of-the-box new design in batteries !!!
Maybe he could enlist Elon for that magic !!!
The dumbasses should have thought this through instead of making fools of themselves.
Trumps win, the rise of nationalism across the globe, forced their hand. Unleashing covid, stealing the US election, open totalitarianism in the US and EU. It all says they forced their reset before all the pieces were in place, and it will be their undoing as well.
Failing to eliminate a control group in the general population will enable the vaxxed to see what was done to them. As their loved ones start dying, there will be those close to power, but not in the loop, to turn on their masters. Doing the previously unthinkable, to those who considered themselves untouchable.
‘Gas imports from Russia have dropped to 9%?’ Really? If that were true, it would be pretty easy to cut that 9% to 0%. I suspect that 9% figure is another of their lies. They are likely importing much more from Russia.
It comes from Russia via China, I read.
This video is interesting in that he backs up what he says. For the first time I got a 40,000 foot view of all wars since 9/11. https://www.bitchute.com/video/wVkCxsQWaDo/
These EU ideologues -bureaucrats within a system that is not representative of democracy- are so committed to the cult of climate change and renewable energy, they are willing to destroy the EU economy in order to lower demand to the level of their windmills and solar farms. ”
I’d tweak this a bit. The controllers above these bureaucrats are curtailing the EU economy and are using the cudgel of energy sanctions to accomplish it.
The ideological fealty of the bureaucrats is neither here nor there. They are essentially NPCs committed to accomplishing the wishes of their masters if they want to retain power.
No doubt there are true believers and useful idiots in the mix too. Fools, like the poor, will always be with us.
We’re at the end of a 350-year credit expansion cycle where mass prospsrity is no longer sustainable under the prevailing private debt-money structure. Green is nothing more than a virtual-signalling rationale to explain the ‘necessity’ of a neo-feudalistic model going forward.
The dirty secret is that traditional forms of energy are neither scarce nor ecologically rapacious. To concede this however strips the narrative of its key Virtue Signal for curtailing mass movement and upward mobility.
It was not too long ago when the “President of the European Commission” would resign if her publicly stated policies were reversed only days later.
It’s called integrity.
Obviously she has none.
Which begs the question, who takes her seriously going forward?
so if you own a business in the European Union that creates power the government by their own admission can clawback your profits. i’m sure that’s going to encourage other people to venture into markets
It’s not simply politics. Most of the pumping equipment of NS-1 is shut down due to lack of parts and maintenance caused directly by sanctions, including a turbine Germany has but won’t ship. No fool will operate a high-pressure high speed turbine that is leaking oil: such a thing is a bomb. It must be turned off and stay off.
Meanwhile, NS-2 is completed yet they won’t allow(!) it to be operated. How stupid is that?
No, this is a manifestation of “Western” hubris and disregard for a nation upon which they utterly depend. Mechanical engineering does not care about politics.
All these EU Leaders are accountable to no one or country.
They do not represent their people or countries.
Once the currency goes to hell maybe they will end this whole EU nonsense.
This homemade energy crisis is a great way for the EU bureaucacy to increase it’s power, because now it gets the right to collect taxes – in this case profits from the energy companies. The first time is the difficult one. After this the sky is the limit.
Fun fact: Energy companies in Europe sell their electricity via a common marketplace, where deliveries of certain volumes to certain regions is auctioned off. The crazy thing is, that the most expensive power defines the price for the bulk of it, and the last power to be sold is the power made with gas turbines, which has become ridiculously expensive. There is absolutely no connection between production cost and price for most of the power. If the auction where split up by source, the crisis would go away, so that wont happen.
Dear Europe. You should ask Gretta Dumbburg what to do next.
She is an ex-purt.
EU shooting self in last foot – may be averted ?