EU rushes out $300 billion roadmap to ditch Russian energy

Discussion in 'Latest US & World News' started by Pro_Line_FL, May 18, 2022.

  1. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Great idea IMO. If Russia uses their energy to blackmail Europe, then why would they ever want to deal with them again. Putin is doing heck of a job running his country to the ground.

    EU rushes out $300 billion roadmap to ditch Russian energy
    https://www.msn.com/en-us/news/worl...to-ditch-russian-energy/ar-AAXpzsR?li=BBnb7Kz
    BRUSSELS (AP) — The European Union’s executive arm moved Wednesday to jump-start plans for the 27-nation bloc to abandon Russian energy amid the Kremlin’s war in Ukraine, proposing a nearly 300 billion-euro ($315 billion) package that includes more efficient use of fuels and faster rollout of renewable power.

    The European Commission’s investment initiative is meant to help the 27 EU countries start weaning themselves off Russian fossil fuels this year. The goal is to deprive Russia, the EU’s main supplier of oil, natural gas and coal, of tens of billions in revenue and strengthen EU climate policies.

    “We are taking our ambition to yet another level to make sure that we become independent from Russian fossil fuels as quickly as possible,” European Commission President Ursula von der Leyen said in Brussels when announcing the package, dubbed REPowerEU.
     
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  2. AARguy

    AARguy Well-Known Member

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    Great. What a tremendous business opportunity for the USA! We have tremendous amounts of oil, natural gas, etc. to sell to Europe. Wait... America might get some nutball in charge that would stop drill licenses, shut down pipelines, discourage fracking, and raise taxes on oil from wells on federal lands. Why would Europe take such a risk? ..... Thanks AGAIN Joe.
     
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  3. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Me thinks this Joe guy has taken residence in your head, because everything you say regardless of topic, is always about him. Evict him, and you will have peace. Evict not, and obsession will continue.

    The U.S. Will Increase Natural Gas Exports to Europe to Replace Russian Fuel
    https://www.scientificamerican.com/...unced this,dependence on Russian fossil fuels.
    The White House announced this morning that the U.S. will rapidly increase exports of liquefied natural gas to Europe as Germany and other E.U. nations try to diminish their dependence on Russian fossil fuels.

    The move will ramp up LNG shipments carried by seagoing tankers by 15 billion cubic meters this year, according to a fact sheet released by the White House. As a comparison, the United States sent 22 bcm of LNG to Europe last year, the highest ever traded between the two continents.
     
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  4. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Team Joe cracked open the oil reserve piggy bank, and look what it accomplished accomplished.

    280765363_451774390090306_5180908022309327618_n.jpg

    It "fixed" the problem for an entire month!

    #Winning!
     
    Last edited: May 18, 2022
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  5. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Sooner or Later we will HAVE to stop using carbon based fuels, if only because they run out (or maybe God will make new ones as long as we outlaw abortion).

    Sooner will be MUCH better as it will head off impending climate and economic collapse but the conservatives all have oil stocks apparently and will all be dead by the time their short-sightedness comes back on them (they think)
     
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  6. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Thanks for sharing.

    Anything on topic?
     
    Last edited: May 18, 2022
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  7. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Joe Biden doesn't even live in Joe Biden's head anymore, let alone anybody else's head.

    It's "Team Joe" that's pulling the puppet strings, and doing all the damage.
     
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  8. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Yes, but if we follow the progressive plan of stopping way too soon, we're going to be screwed like Germany and California are after they pulled the stupid move of jumping off the green energy cliff, and praying they'd sprout solar and wind wings before they hit the ground.
     
    Last edited: May 18, 2022
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  9. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Some countries are doing pretty well in that regard, like Norway gets 90% from renewables. Germany also has an ambiguous plan and currently gets 40% from renewables, but they were getting 7% from Russian gas, so they need to replace that portion.
     
    Last edited: May 18, 2022
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  10. (original)late

    (original)late Banned

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    Oil is a global market, and what we can do is deal with it as things change.

    Every president wishes he had more strings to pull, but usually they don't...

    There is a pandemic and a war, and it's roiling the markets, and it's global.

    You're babbling.
     
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  11. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Plenty.

    Germany's green energy plan has already been a disaster, and now they're doubling down on it.

    Germany's Green Energy Disaster: A Cautionary Tale ... - Forbes
    https://www.forbes.com › sites › realspin › 2013/03/14

    Mar 14, 2013 — In 2000 Germany passed a major green initiative which forced providers to purchase renewable energy at exorbitant fixed prices and feed that ...

    Opinion | The Tragedy of Germany's Energy Experiment
    https://www.nytimes.com › nuclear-power-germany

    Jan 8, 2020 — The plan risks more than a shortfall in supply. It could also prevent the country from dealing with climate change. By shutting down nuclear ...

    Germany's Energy Disaster 20 Years Later - American ...
    https://www.americanexperiment.org › germanys-energ...

    Dec 16, 2020 — The ironic thing about their love affair with Germany is that the country's experiment with wind and solar power has been a total disaster, ...

    Germany Has a Math Problem, and It's about to Get Worse
    https://www.aicgs.org › 2021/09 › germany-has-a-math...

    Sep 13, 2021 — There are three main problems with Germany's current course in its energy transition: 1. Renewable energy sources have not produced enough ...

    Doing the same thing over and over again, while expecting a different result.
     
    Last edited: May 18, 2022
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  12. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Norway is blessed with tall fjords and lots of melt water.

    Norway is a heavy producer of renewable energy because of hydropower
    . Over 99% of the electricity production in mainland Norway is from 31 GW hydropower plants (86 TWh reservoir capacity, storing water from summer to winter). The average hydropower is 133 TWh/year (135.3 TWh in 2007).
    https://en.wikipedia.org/wiki/Renewable_energy_in_Norway#:~:text=Norway is a heavy producer,(135.3 TWh in 2007).

    That strategy probably won't work so well for Arizona.
     
    Last edited: May 18, 2022
  13. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Article from 2013...interesting.

    So, you have anything to say about the topic, or are you just going to spam the thread with off-topic posts?
     
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  14. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Speaking of babbling, here's Joe babbling about all the strings he'll pull to make gas prices skyrocket.



    Not only did he do it, he told you he was going to do it.
     
    Last edited: May 18, 2022
  15. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Yes, that's how long Germany's current green energy disaster has been unfolding, and now they're doubling down on more of the same roadmap to failure to the tune of $300 billion.

    But there you are all shocked and amazed like Germany was totally blindsided.

    Trump tried to warn them.

     
    Last edited: May 18, 2022
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  16. Hey Now

    Hey Now Well-Known Member

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    Yep, solid idea! Can't be soon enough.
     
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  17. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    In that time they have reached 40+% mark, or more than all fossil fuels put together. You can call that a disaster since that is what you have been programmed to do. They still have 13 yrs to reach their goal, and this EU initiative might speed it up.

    Soooo.......still nothing on topic. Ok.

    Carry on spamming corporal.
     
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  18. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    I don't understand how it's spam.

    I'm showing references.

    Do you think I'm making ad revenue off this or something?

    Do you know what "spam" is?
     
    Last edited: May 18, 2022
  19. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Spam is what you do: post stuff that has nothing to do with the topic (EU 300B initiative to ditch Russian energy).
     
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  20. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    It's a disaster, because it's a disaster-

    The ironic thing about their love affair with Germany is that the country’s experiment with wind and solar power has been a total disaster, resulting in skyrocketing electricity prices and a failure to produce an electric grid that emits less carbon dioxide than the United States.

    You should try reading my references, instead of just dismissing them as "spam" without a sidewards glance, because that's what you're programmed to do.
     
    Last edited: May 18, 2022
  21. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    That's not what spam is, and it's obvious that my posts are perfectly on the topic of Germany's plans to waste more money on the disaster that is green energy.
     
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  22. AARguy

    AARguy Well-Known Member

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    I wish I could evict him. But we're stuck with him in the White House until 2024.
     
  23. ThatOneSecond

    ThatOneSecond Newly Registered

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    Cool. This is something they should have done back when Trump warned them about putting their energy eggs in Putin's basket.

    I hope they have the money, though. I don't want them coming to Uncle Sugar's Piggy Bank for the cash.
     
  24. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Trump thought all their eggs were in one basket, but its really only about 7%.
     
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  25. ThatOneSecond

    ThatOneSecond Newly Registered

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    And it's going to cost them 300 Billion Euros to get them out.
     

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