Posted on 03/03/2022 5:34:27 AM PST by Oldeconomybuyer
FRANKFURT, Germany (AP) — Europe is scrambling to reduce its dependence on Russia for energy and bracing for potential disruption to critical natural gas supplies as Russia’s war in Ukraine sends prices to new highs.
The price of gas is 10 times what it was at the start of 2021. But it continues to flow through the major pipelines from Russia to Europe, including those through Ukraine, pipeline companies say.
To prepare for any cutoffs as the war intensifies and to reduce Russian reliance, countries are rounding up new supplies of liquefied natural gas — LNG — by ship. They’re also speeding up plans for gas import terminals and pipelines that don’t depend on Russia and talking about allowing coal-fired power plants to keep spewing climate-changing emissions for longer if it means energy independence.
Yet many of the measures will take months or, in the case of new pipelines and terminals, years. The long-term answer is rapidly building out renewable sources such as wind and solar. But for now, Europe is reliant on gas to heat homes, generate electricity and supply industries like fertilizer producers.
Europe, which gets almost 40% of its gas from Russia, is in a different situation than the U.S., which produces its own natural gas. Still, EU Energy Commissioner Kadri Simson says Europe “has the tools” to handle any Russian retaliation this winter while conceding a total cutoff “would of course still be a challenge.”
(Excerpt) Read more at apnews.com ...
Gee, what may have happened at that time?
Didn’t Trump warn them about this?
Who couldn’t see this coming?
Is this a news article, or an opinion piece?
And there’s a half a trillion in that package the Dems are trying to push through.
Does anyone think that Biden will eventually open up our energy ie pipeline, fracking, etc??
If so, how soon?
I think Yes, he will eventually give in but only when he or his children are affected.
I heard this morning that Europe et al are not exporting any fertilizer. Keeping their supply
Scrambling to reduce dependence?
What? Now??
DJT tried to let you in on it; but no-o-o-o-o-o-o...
Meantime, our politicians want to further harm our economy by stopping purchases from Russia.
Radical environmentalists are largely funded by Russia.
See how that works?
Very loudly and very publicly. Now it's time for Americans to rally behind upping our production domestically.
These clowns shoulda built nukes. Even France figured that out decades ago and apparently has a few more on the drawing board.
Idiot Germany shut down their nuke plants. Because, CO2.
Maroons.
EU countries better worry about Putin pushing thru Ukraine to other countries.
Or are radical environmentalists celebrating as current events make fossil fuels less available and more expensive putting us more firmly on the path to Greta's green new world.
talking about allowing coal-fired power plants to keep spewing climate-changing emissions for longer if it means energy independence.
AP article. No bias at all.
The idiots in Germany cut out nuclear power. Perhaps Merkel was really a stasi KGB agent all along
This should just speed up their timeline to 100% solar and wind. What’s the problem? Funny how reality has a way of showing up.
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