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  • EU aims to cut Russian gas dependence by about 65% this year

Added at 9:50am

Added at 9:51am

  • REPowerEU: Joint European action for more affordable, secure and sustainable energy

    From ec.europa.eu

    The European Commission has today proposed an outline of a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas, in light of Russia's invasion of Ukraine. This plan also outlines a series of measures to respond to rising energy prices in Europe and to replenish gas stocks for next winter. Europe has been facing increased energy prices for several months, but now uncertainty on supply is exacerbating the problem. REPowerEU will seek to diversify gas supplies, speed up the roll-out of renewable gases and replace gas in heating and power generation. This can reduce EU demand for ... (full story)

Gooooooooodddd LUCK!!
Either they power up nuclear plants or tilt the earth so much that Europe will be in located on the equator.
Lost....
so funny...everyone knows russia will attack ukraine during Olympics. they are paying money to support ukraine, but still block everything except for oil. why did they go in to Iraq, Kuwait?? I think its pretty obvious.
Would be so much easier and cheaper to just get rid of Putin.
Everyone can see the chart, but only a few can actually read it.
Wti to 300 dollar because of this crazy decisions more profits for Russia
propose doesnt mean it will ...
Quoting hkg_paul
propose doesnt mean it will ...


Kind of like buy the rumor and sell the fact....

This SOUNDS GOOD on paper but it won't happen.
...because you never know - until you do!
Quoting fxsport
{quote} Kind of like buy the rumor and sell the fact.... This SOUNDS GOOD on paper but it won't happen.
they dont even know what happen in next few years
Nord Stream One ... to be used to pump gas back into Russia?
As some smart energy sector insider said few weeks ago: IF Europe somehow gets rid of Russian energy dependence (oil,gas and coal),it will merely shift the same energy problem into Asia. Then there would be Asian energy crisis. We live in a clown world where totally incompetent people like Biden and Van der Leyen climb to top positions.
Worlds energy and food markets are just that:world markets. There is no limitless spare capacity on the supply side.The only limitless spare capacity is at western central banks printing presses.Luckily these days they are digital and trees will be spared.
Pipe dreaming
Quoting Hassa9
Wti to 300 dollar because of this crazy decisions more profits for Russia
Tension with Putin started over Oil price disagreement. He wanted an increase to $95. No one paid much attention as Omicron hit.
There is a video on Utube available.
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  • Story Stats
  • Posted: Mar 8, 2022 9:50am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 11  /  Views: 3,229

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