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Not punishing one of their main sources of energy, i.e. gas, with financial and other climate policy burdens would be a good start.
From the team at CFACT ~
By Sam Buchan:
Amidst the backdrop of a frenzied world tour to secure contingencies in the event of a catastrophic energy crisis, EU representatives attended the 9th U.S.-EU Energy Council. Still, throughout all the statements and optimistic tweets pointing to vague targets like greater “cooperation,” the solution seemed elusive.
Political leaders on both sides of the Atlantic must acknowledge that the status quo got Europe into the crisis today. They would be wise to change course both through their action and their words immediately.
The oddity is that both U.S. and EU leaders continue to overlook the not-so-subtle cries from energy markets resulting from aggressive climate policies forcing would-be project financiers to seek shelter and marginal returns in renewables. Investment stagnated, critical projects were abandoned, and Russia pressed for a more significant market share.
There was a time in the not-so-distant past when…
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via Tallbloke’s Talkshop
February 19, 2022 at 05:21AM
