EU rushes out $300 billion roadmap to ditch Russian energy

Good for them, and too bad for Russia. 300B is a low price for energy self sufficiency.

 

They won't be energy self sufficient. But hopefully, they won't be dependent, so much, on Russia.

 

They won't be dependent at all. Even now they get only 7% of their energy from Russia. Their goal is, and has been, to be self sufficient and this money is intended to expedite that goal.

 

You're assuming that it's just a simple matter of spending hundreds of billions of dollars in order to buy green energy self sufficiency.

That's the same foolish assumption Germany has been making for over twenty years now, and it's been a disaster in the making that's only getting worse and worse.

Not only is 300B not going to buy Germany green energy self sufficiency, it's not even guaranteed that spending as much as double that will even get Germany a stable power grid.

Germany Has a Math Problem, and It's about to Get Worse
https://www.aicgs.org › 2021/09 › germany-has-a-math...
By 2025, Germany will have spent $580 billion in renewables investment. But despite that, its electricity production is 10 times more carbon emissions intensive and twice as expensive as France, which has decided to keep nuclear energy.

This leaves Germany at risk of grid blackouts from 2022 to 2025, according to a German federal audit earlier this year. The audit said over $600 billion would be needed through 2025 to maintain a stable grid and warned that the “energy transition will endanger Germany as a business location.”

And green energy progressives would love to see America make the same expensive mistakes that Germany has made.

 

Your words, not mine.

 

This is where Germany's hundreds of billions of green energy investments over the last two decades have got them-

Soaring costs and shortages push industry to the brink -
https://slconcordtimes.com › World
Apr 28, 2022 — For years, the company paid between €40 ($43) and €50 ($53) per megawatt hour of electricity. But its bills shot up around September and “ ...

Soaring costs and shortages push German industry to the brink
https://www.pehalnews.in › soaring-costs-and-shortages...
Apr 28, 2022 — An abrupt break would slice nearly 2% off German GDP in 2022, in accordance to the nation's central financial institution. An evaluation by 5 of ...

 

Your words, not mine-

"Good for them, and too bad for Russia. 300B is a low price for energy self sufficiency."

Is 300B still a low price is if doesn't buy energy self sufficiency?

 

People can read what people say, so there is no need for you to re-word what they say.

 

People understand exactly what you said.

You clearly said that 300B was the (low) price Germany would pay to achieve energy independence, and I clearly demonstrated that what you suggested was foolishly optimistic at best.

 

Well, they haven't seemed to be working on that goal much until now. We'll see.

I wish them success.

 

They have, actually.

 

Not enough, apparently.

 

America would be far better off looking into green hydrogen

 

Trump “warned” someone about Putin???

 

They have been working toward it and made lot of progress, but the point of this bill is to expedite it so they can ditch Russian energy altogether.

 

Hydrogen isn't a fuel, it's just a method of energy storage. Unlike fossil fuels, we can't just go and get it from wherever. We have to expend more energy to make it, than we're ever going to get out of it.

And far too much infrastructure is required in order to make hydrogen feasible, let alone competitive, with the already-existing infrastructure of the electrical grids. More electric cars on the roads will only require upgrades to the energy grid, whereas hydrogen cars will require an incredibly complex and expensive hydrogen-based infrastructure which will need to be basically built from scratch.

 

Germany has been the expediting green energy for over two decades now, and the result has been solar and wind energy schemes that are a laughable(and very expensive) failure compared to France's nuclear-powered grid.

Germany "expediting" more money into solar and wind is just going to be more of the same laughable failure.

 

How about you let them worry about it?

 

Green Hydrogen? Was it moldy?

 

Yep.

 

All for getting off fossil fuels but not the leftist way, plan ahead because If you follow Joe and are starstruck you will kill more than 13 forgotten

 

Wouldn't it have been a lot smarter and cheaper if Nato paid more attention to Russia's security concerns? Then again when the neo/lib cons want a war, they get a war.

 

They are paying attention and NATO is expanding like never before. If that's what your hero wanted, then he is getting what he wanted.

 

If I recall correctly Vladimir Putin wanted a new Start treaty to secure peace in Europe. But that's not what Biden wanted.


Thank you Joe Biden for telling us so
for fools that we are, we just didn't know.
and thought it was lies against your old foe.

We just couldn't see what was obviously
attacks on poor Ukraine by old Muscovy.

But you said it was so, by those in the know
and knew all along and proved us all wrong
and so as a tribute, I give you this song; Enjoy!

Dumb De Dumb, Dumb, Dumb, Dumb

 

The last thing Vladimir Putin would want is to destroy Finland. According to a Treaty with the USSR, Finland exists only as long as it remains neutral. If the neutrality ends, so does its existence. But if that's what they want, then so be it.