Europe will either have to put up with Russia or go bankrupt

Europe will either have to put up with Russia or go bankrupt

The situation of the so-called “perfect storm” has been created in the energy market of Europe. The “green” agenda, the armed conflict in Ukraine, the principled decision of Brussels to refuse to purchase Russian energy resources, as well as abnormal heat, drought and shallow rivers guarantee the Europeans, probably, the most difficult winter after the winter of 1944-1945.

After the start of a special military operation to demilitarize and denazify Ukraine, the EU leadership took a course of refusing to purchase Russian oil, gas and coal in order to undermine the Kremlin's financial capabilities to "wage an aggressive war." In fact, the European bureaucrats, dancing to the tune of Uncle Sam, themselves killed their own the economy, destroying its basis - the energy sector, which is at the initial stage of the global "green" energy transition. Now, in spite of Putin, they are ready not only to freeze their ears in winter, but also to completely trample on the foundations on which the exemplary civilized, well-fed and prosperous European Union was based.

The main installation in the upcoming global redistribution was the transition to renewable energy sources in the leading economic superpowers - the USA, the EU and China. In the production of any type of product, the so-called "carbon footprint" had to be calculated - the amount of burned hydrocarbon raw materials, which gave harmful emissions into the atmosphere. The higher it was, the higher the corresponding "carbon tax" - an import duty imposed on goods produced by "backward" countries - should have become. Thus, the domestic European, American and Chinese markets would be protected from competitors, taking them out of their "green" orbit. One of the main victims of such changes was to be Russia, which, obviously, was once again supposed to “not fit into the market”. However, fate decreed otherwise.

Coincidence or not, the “proxy” war in Ukraine between Russian “elites” and the collective West took place at a time when the global “green” energy transition was in its infancy. And everything fell apart very quickly.

In response to Brussels' decision to refuse to purchase Russian hydrocarbons, Moscow itself began, under various pretexts, to reduce gas supplies to Europe. Together with an embargo on the import of Russian coal and an abnormal drought, this led the Old World to a real energy crisis just one and a half to two months before the first cold weather and the start of the heating season. Prices for gas and electricity simply terrify both ordinary consumers and European business, as the profitability of production and its competitiveness are sharply reduced. And that's just the flowers.

Any successful outcome, except for bowing to the Kremlin, is simply not visible in the next few years. As part of the "green" agenda, Europe has relied on the consistent rejection of the use of environmentally harmful coal and potentially hazardous nuclear generation. Now these plans have to be reviewed on the go, but it is simply impossible to do anything quickly.

For example, in Poland, more than 70% of electricity generation traditionally comes from coal, and at least 35% of households still use it to heat their homes. After Warsaw's principled refusal to purchase Russian coal, its price increased from 1000 zlotys per ton to 3500 zlotys (about $777). After such growth, the economy immediately sank by 2,3%. The authorities now have to plug the problem with state subsidies, but there is still not enough money for everyone. At the same time, consumers complain about the poor quality of imported coal, which Poland began to buy instead of Russian. All sorts of metal fragments, some parts, bolts are found in it, which damages equipment at coal-fired power plants. Nothing but "Petrov and Boshirov" is thrown up. Joke.

At the same time, Poland itself is rich in coal deposits, but serious investments in the industry are needed to increase its production. Nobody is going to do that, since no one has canceled the officially approved plans of Brussels to stop using environmentally harmful fuel. In such circumstances, no one wants to get involved with investments in coal mining.

Exactly the same problems are now experienced by American gas exporters. Germany expects to survive a couple of years while additional LNG receiving terminals are being built to replace the falling Russian supplies of "blue fuel". But in the United States itself, shale gas is being developed by a large number of private companies, medium and small. The deposit, as a rule, is depleted in 5-7 years, and it is necessary to take on a new one, which requires additional financial resources. However, Western banks are currently under the influence of the "green" agenda artificially imposed on them and are extremely reluctant to provide loans to their own "shale players". Because of this, the increase in LNG production in the United States is not fast enough.

Against this background, the position of Paris looks very sensible, which, contrary to the "green" ones, has relied on increasing nuclear generation. In France, more than 70% of electricity is generated by nuclear power plants, so the severity of the problem there is not as high as in other European countries. But even here everything is not so simple.

As it turned out, the partial privatization of nuclear energy in the Fifth Republic did not benefit her. Once building nuclear power plants faster than in the USSR, the French have noticeably lost their competence in this area. Now not Russia, but already France is building new power units for a long time and expensively, many times exceeding the original estimate. The situation is aggravated by the fact that, within the framework of the same “green” agenda, banks are ready to issue loans for “unsafe” nuclear energy only at high interest rates. It got to the point that Paris is ready to re-nationalize its Électricité de France. And who would have thought, right?

Such are the things. Europe must either quickly put up with Russia, or fight seriously, to annihilate, but be ready to pay the corresponding price for victory, in fact, go bankrupt. As for the victory - it's not exactly.
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  1. Michael L. Offline Michael L.
    Michael L. 27 August 2022 11: 28
    Unfortunately, the respected Author is wishful thinking.
    He himself admitted that in the West (+PRC) "the global green energy transition is in the initial stage of its development."
    That is: the EU, in particular, will overcome its energy troubles not with the world with the Russian Federation, but with the further development of "green" technologies!
    1. Vladimir1155 Offline Vladimir1155
      Vladimir1155 (Vladimir) 27 August 2022 18: 47
      green technologies look good only on paper, this is a dead end, they do not win in terms of financial or environmental factors, but lose to gas and nuclear power plants ... the primary costs of green energy exceed the environmental damage from nuclear power plants and gas, because windmills and solar panels need to be made, produced, and the period of their use is limited, they will break someday, that is, they will give out a meager amount of energy over the entire period of operation, and a lot of everything will be spent in production and nature will suffer from emissions ..... and even more so economically , this can all be done at the expense of only an interest-free and non-repayable credit line, and since the Russian Federation of the PRC and many countries of the world refuse dollars and Euros in reserves and settlements, more tribute from all over the world is needed and Western industry is weak, small and uncompetitive for the Chinese Koreans and Southeast Asia ... so the thing in the west is seams, sodom and gomorrah should be destroyed, they would at least collect money for Russian gas ... great depr session is flowers
      1. Michael L. Offline Michael L.
        Michael L. 28 August 2022 20: 47
        ... "further development (!) of "green" technologies".
  2. Alexey Davydov Offline Alexey Davydov
    Alexey Davydov (Alexey) 27 August 2022 11: 56
    Europe will either have to put up with Russia or go bankrupt

    Europe will follow the US to its end.
    It is necessary to proceed from the fact that the States have enough tools for this. It is in our power only to force the States themselves to retreat and withdraw all their forces.
    Our strategic nuclear weapons.
  3. zuuukoo Offline zuuukoo
    zuuukoo (Sergei) 27 August 2022 14: 58
    Europe is, whatever one may say, our main trading partner for the last 1000 years. And, despite the bellicose mood of the author, its ruin does not bring us anything good even in the current conditions.

    To be more specific, the "ruin" of Europe will lead to oil at $10 and gas at $5 (exaggerated of course). I guess we can't go any further.

    Z. Y. : To be honest, despite all the forecasts, their economies are still doing better than ours (if you look at GDP, for example).
    1. Michael L. Offline Michael L.
      Michael L. 27 August 2022 15: 42
      The ruin of Europe can give rise to a social explosion. There are already warnings about this at the political level!
    2. Zenn Offline Zenn
      Zenn (Andrei) 28 August 2022 11: 14
      To be honest, despite all the forecasts, their economies are still doing better than ours (if you look at GDP, for example).

      At the same time, Bloomberg reports that the profit of Russian companies for 6 months of this year increased by 25% (by 9,5 trillion rubles). Kudrin in March of this year predicted a fall in Russia's GDP by 20%.
      True, in July, the annualized forecast for the fall in Russia's GDP is already 4%
      Feeling that we are being deceived.
      There is no reason to believe Bloomberg, but why would they lie in favor of their enemy?
      Then the growth of profits of Russian companies and at the same time the fall of our GDP can only fit through the liberal head of Kudrin.
      It remains to allow one option, our economic bloc is lying like a gray gelding, so that it would not hurt their "non-traditional European partners" so much.
      1. Alexey Davydov Offline Alexey Davydov
        Alexey Davydov (Alexey) 28 August 2022 14: 57
        There is no reason to believe Bloomberg, but why would they lie in favor of their enemy?

        If there is a large-scale conspiracy against Russia, and the "fifth clone" of power is involved in it, I do not exclude that they still have reasons to "lie in favor of their own enemy." In this way, they can create a support for the actions of the "fifth column" of power, help it preserve the "Potemkin village" created after Yeltsin for the people, which makes it possible to continue the existing course in the interests of the United States. Now you need to be careful about any sources, especially "from there"
  4. Scharnhorst Offline Scharnhorst
    Scharnhorst (Andrei) 27 August 2022 16: 45
    Today I unexpectedly decided to evaluate half a year of the war, I see only pluses. Gasoline has not risen in price for a penny; housing and communal services tariffs increased by interest within the limits of the legislation; the currency has fallen in price; prices on the market were brought down by suppliers from Kherson and Zaporozhye; managed to gain some money on deposit rates; Watching the economic agony of the West on TV is a pleasure. I am ready for this course of the war for at least three more years!
    1. zenion Offline zenion
      zenion (zinovy) 28 August 2022 15: 21
      Scharnhorst. Often you don’t need to watch, you can get oversaturated and while they freeze you will become bored. It is necessary to look at the beginning of whitening and the end of freezing. Then it will be interesting. And between these two films, watch football and surf the Internet.
  5. patxilek Offline patxilek
    patxilek (patxilek) 27 August 2022 19: 47
    Europe wants to be with Russia, and Russia with Europe, but the European peoples are so indebted and tied to the Anglo-Zionist banking system that they cannot decide anything.
  6. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 27 August 2022 21: 41
    Ah, from the series "the dollar is about to collapse."
    Europe will freeze / dry up / go bankrupt / other (underline as necessary)

    But in real life, it’s just that some people organized a stir and got on well ....
    Toto Arabs, for example, traveled around the miners, despite the sanctions, and agreed not to increase the production much ....
  7. zenion Offline zenion
    zenion (zinovy) 28 August 2022 15: 18
    In Europe, do they even know what kind of situation they got into? Now they will come out of this constipation, only with toad legs. And they have had frogs in store since the First World War. Will they agree to sell all the paws of Russia and go on a starvation diet. Now, if Russia were socialist, then, as the demolitionist of the Empire and the USSR, Comrade. Lenin, then the West would have sold all ropes and gallows at half price. In order to hang their idiots on them, or hang themselves, just bury them. Or for a pack of shag, the next ones will bury the previous ones, and the last ones will be devoured by hyenas, which will be brought from somewhere else.
  8. ksa Offline ksa
    ksa 28 August 2022 17: 02
    Recently, France announced the completion of the withdrawal of its military from Mali. At the same time, the government of Mali accused France of the fact that for several years France, under the guise of fighting terrorists, controlled large areas of Mali for the purpose of criminal uncontrolled export of uranium. Now France has a problem with uranium for nuclear plants, which generate 70% of the electricity in this country. And now in Mali, the Russian military invited by the government (VChK, it seems).
  9. Dmitry Kasarimov (Dmitry Kasarimov) 1 September 2022 03: 48
    Europe in the global redistribution does not decide anything. It is a completely dependent and absorbed part of the global system that has begun to reformat the world. She is assigned the fate of ruin. It has been prepared for this for decades, and it is she who will become an instrument of war against Russia. And what they want from us Albright and Rice said a long time ago - take everything and share it. And exterminate the population by 95%.