Guardian: Gas prices near record highs as Berlin rejects pipeline from Russia
Germany says escalating tensions over Ukraine are one factor in Nord Stream 2 not getting green light
Gas prices across the UK and Europe are on course to return to record highs after Germany said a controversial pipeline from Russia could not be approved amid deepening tensions on the Ukrainian border.
The German foreign minister, Annalena Baerbock, said the Nord Stream 2 pipeline could not be given the green light in its current form because it did not meet the requirements of EU energy law.
Read more ....
Update: European Gas And Power Prices Jump As Supply Shortage Fears Erupt (Zero Hedge)
WNU Editor: The Germans are just shooting themselves in the foot .... Germany committed to Ukraine's gas transit role, says Scholz (The Guardian).
And as for Russia's Gazprom and the Kremlin. They are not worried. They are seeing record profits .... Gazprom profits as Russia prospers from Europe’s gas crisis (The Guardian).
4 comments:
Merkel's Parting Gift
Indeed. What a final act for the legacy.
Why do I think much of it will begin to unravel in not a long time?
Greens, SPD and other believers in Unicorn Fart Energy have put steady pressure to get rid of coal and nuclear energy. In 2013 when Fukushima in Japan was hit by a tidal wave stalwart stateswoman that she is, Merkel wetted her index finger and stuck it into the air. She began to base energy policy on Green Party whims. So here we are.
Japan BTW is building coal plants after COP26.
Japan Races to Build New Coal-Burning Power Plants, Despite the Climate Risks
- Storytelling by the Fuckers at the NYT (Feb 3, 2020)
"Japan now plans to build as many as 22 new coal-burning power plants — one of the dirtiest sources of electricity — at 17 different sites in the next five years, just at a time when the world ..."
Japan Building 22 New Coal Power Plants
DECEMBER 8, 2021
Japan Pulls Back from Coal, Though New Plants Move Forward
May 3, 2021
Japan is pulling back from coal with new coal plants. War is peace, Black is white ...
Japan is the world's third-largest coal-importing country ... -eia.gov
After her Parthian shot will Mutti join Rosneft as chairwoman? Gerhard Schröder has got to be getting-on in years.
Western Leftists - next to Chinese Communists - are the most incompetent and dangerous national leaders in the world.
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