Countries around the world are pouring funds into new natural gas facilities that could destroy the chances of limiting global heating, in response to soaring energy prices and the war in Ukraine.
Governments including the US, Germany, the UK and Canada are investing in new gas production, distribution and use as they seek to sanction Russia over the invasion of Ukraine, according to new research.
So, market activity is working toward our not all shivering in the dark as we be happy.
Lucky that, given the stupidities the politicians are trying.
When the NetZero bollocks gets tossed I might believe you Tim.
As it is, I reckon that as soon as the Ukraine thing is patched up with a peace deal the usual suspects will be back to their old habits of making us dependent upon Russian oligarchs once more.
It’s almost as if they are getting brown envelopes full of cash from somewhere…?
Some more ‘market activity’: https://notalotofpeopleknowthat.wordpress.com/2022/06/08/india-is-buying-up-cheap-sanctioned-russian-oil-and-selling-it-to-the-u-s-and-e-u-at-huge-profits/
India is re-opening 100 coal mines too…
https://wattsupwiththat.com/2022/06/08/india-reopens-100-coal-mines/
When I read the Guardian article, I noticed a lot of worthless biofuel that is just asking to be dumped into the furnace.
But I can only lament that the Injuns are behaving so sensibly; and Oz is doing exactly the opposite!!!!
No; the governments are not investing in new gas production. Private companies maybe, but not government.
They don’t want fossil fuels , they don’t want nuclear either. They want us to rely on windmills and good intentions.
Surely the new gas production is to replace the Russian gas not now entering the market. That doesn’t imply increased use of gas. So how’s it contributing to increased global heating?
But any excuse for the environmental. Lying is a fundamental part of the philosophy.
The dash for gas comes as scientists have warned it is “now or never” on the climate.
Amazing how it’s been “now or never” since about 1997.
As it is, I reckon that as soon as the Ukraine thing is patched up with a peace deal the usual suspects will be back to their old habits of making us dependent upon Russian oligarchs once more.
We are dependent on Russian oligarchs now, there’s no alternative to Russian fuels in the short to medium term and the sanctions are doing a lot more harm to Europe than they are VV Putin. We’re heading for a Western Winter of Discontent with no Spring on the horizon.
As we’re seeing, while the UK and US only imported a tiny percentage of Russian output, we compete in the same markets as our Euro-pals, so restricting or threatening to restrict one of the world’s largest oil and gas exporters drives up our costs to ruinous levels. It’s a nose / face / spite play.
The sane response would be to drop all sanctions, turn on Nord Stream 2, and build a load of next gen atomic plants pronto to reduce European/Western dependency on energy imports over time.
Unfortunately we are ruled by the insane and the evil, so it looks like a race between two catastrophic outcomes – the EU is being goaded into economic suicide and Russia is being provoked into cutting off Western Europe. Either eventuality will be worse than losing a medium sized war, yet it won’t make the slightest bit of difference to the military situation in Ukraine.
Way I see it, Steve, sanctions are working fine & doing just what’s intended. Russian internal inflation in double figures & Russians are cut off from consumer products Russia can’t produce itself. King or Emperor, Tyrant or Dictator, President or Prime Minister. They all rule subject to the approval of the Mum of the guard on the palace gates. Putin’s soon going to be left with the options of getting back in his kennel or going full nuclear. The latter’s more than unlikely because the people in Russia’s power structure won’t relish Armageddon & Mum will soon be withdrawing her approval. All societies are to some extent democracies because the people at the top don’t have any personal power. They’re just another bloke puts his socks on in the morning one at a time. It’s the power structure underneath him. And people always seek to maximise what they see as their own personal advantage. Like Mum does.
To come out of this smelling of roses, Putin had to demonstratively succeed. He hasn’t. He’s got a monumental fuck-up. It’s just a matter of time. This time next year we’ll be saying Vladimir who?
There have been great leaders who’ve inspired personal loyalty in dire circumstances. Napoleon in ’15. Uncle Dolfo in ’45. But they had a long track record of success behind them. What’s Vlad got to show? A few costly adventures. Afghanistan. Chechnya, Georgia. The real reason behind this one is he knew his power was slipping away & this was his final throw of the dice.
Governments including Germany, the UK and Canada are investing in new gas production…
No, investment (mostly private sector) is in gas transportation not production. LNG terminals etc.
When governments rescind their ridiculous rules and permit fracking then we’ll talk.
Currently earthquakes – even coincidental ones – as small as dropping a melon on the floor are sufficient to halt drilling. Allowing tremors as strong as often found on building sites (let alone quarrying) would be a start.
BiS – sanctions are working fine & doing just what’s intended.
Rilly? We’ve gone from Russia conquering Ukraine to crazy, Weimaresque economic ruin in Western countries and Russia still conquering Ukraine. Where’s the upside?
Russian internal inflation in double figures & Russians are cut off from consumer products Russia can’t produce itself.
We know from bitter experience that sanctions rarely change unfriendly regimes and usually entrench them, that’s what’s happening here. We’ve driven Russia a lot closer to China and the rest of Asia, who can indeed supply their consumer good desires, while making it ruinously expensive to run a business, drive a car, or heat your house in the West.
Pyrrhus weeps at this type of success. Why do you want to make Epiruseans cry?
Putin’s soon going to be left with the options of getting back in his kennel or going full nuclear.
How many times are we going to fall for “it’ll be all over by Christmas”?
No, the sanctions aren’t weakening the Russian war effort, they’ve made Putin’s war a lot more popular in Russia. Rooskies don’t blame Putin for inflation and shortages, they blame the West. They’ll eat the drop in GDP and move on, helped by the fact they’re not short of essentials such as fuel and food.
To come out of this smelling of roses, Putin had to demonstratively succeed. He hasn’t. He’s got a monumental fuck-up. It’s just a matter of time. This time next year we’ll be saying Vladimir who?
The danger of the Ukraine war, which is now coming into being, is that everybody involved could end up a loser. Ukraine has already lost and nothing can realistically put the country back together again, Russia will “win” some ruined territory that isn’t worth the expended lives and treasure and sacrificed opportunity, the West is futilely self-immolating like a cranky Buddhist monk.
China is laughing.
The mistake is giving a fuck about who sits on the Adidas throne in shithole Slavic kleptocracies. Ukraine is strategically important to Russia, but strategically irrelevant to us. Putin is a gangster, but he’s not our enemy. Our enemies sit on slime green benches and constantly dream up new ways to steal our money and give our country away to foreigners.
It’s one of the advantages/disadvantages to democracy. We change our leaders regularly irrespective. It’s the one’s that follow have to deal with their fuck-ups. Imagine if GW or the Bliar had continued in the hot seats right through Iraq. How would you have rated their chances?
” they’ve made Putin’s war a lot more popular in Russia. ”
You’re kidding aren’t you? Have you spoken with any Russians?
“build a load of next gen atomic plants pronto”: ha, ha. “Pronto”? In the ‘developed’ world? How are the potholes in your roads coming along?
The only thing that we’ve dome “pronto” in ages is rush out the Covid vaccines. Which unfortunately were a wildly reckless thing to roll out pronto. As all the poor buggers who decay or die from Long Vaxx are finding out.
Steve. We have a very big Russian community down here. There’s parts of the CdS are like suburbs of Moscow. Same for other parts of Spain. There’s two somewhat overlapping communities. Middle class Russians with homes here. The sort of Russians who’s daughters come down here to sell their pert little arses or clean houses. Russia’s working class.
All of them are in communication with their families & friends back in Mother Russia. It’s 2022, not 1932. Those lines of communication are running red hot & Russians are very good at saying what they want to say over them. They’ve lived under a surveillance state as far back as any of them can remember.
What I’m hearing is 90% gloom. Sure, there’s Ivans out in godforsaken holes on the steppes waving red, white & blue flags. The have no influence over anything. The people who do are watching their standards of living going fast rewind while they wait for bad news about their sons in Ukraine.
Ukraine is strategically important to Russia, but strategically irrelevant to us.
Anything that is strategically important to Russia is strategically relevant to us. If you don’t get that then you don’t understand strategy. Which would explain a lot about your position.
No, investment (mostly private sector) is in gas transportation not production. LNG terminals etc.
That’s what’s needed if Europe is to cut itself off from Russian energy (which is likely now come what may) but it can’t happen fast enough for this coming winter, which is going to be interesting.
BiS – Have you spoken with any Russians?
Yarp, I know some Rooskies, Ukies and a couple of Balkies.
DM – Covid proves TPTB can get their finger out when they want to. Imagine if they cared as much about energy supply as they do about climate scams.
PJF – Anything that is strategically important to Russia is strategically relevant to us. If you don’t get that then you don’t understand strategy.
Western strategy is to become poorer, gayer and browner, while shrieking autistically at Russians/Covid/the Climate/racism/whatever else they can use to press your Fear button.
Not exactly a Machiavellian scheme worthy of Cardinal Richelieu. If we do end up with WW3, hopefully our glorious leaders will be dragged from their bunkers and elevated above the people, Wallachian style. A man can dream.
bis,
It’s not just their sons that those mums will be lamenting, their husbands are now being called up to get BBQ’d in those 1960s tanks that are being brought out of reserve storage.
If the U.S. is doing this, then we haven’t been hearing anything about it. Last we heard, Biden was going into our oil reserves meant for emergencies, and starting to beg Venezuela and Saudi Arabia for their supply, rather than drill on our own land.
So wouldn’t make sense for him to be tapping into natural gas now. Of course, nothing he does has any rhyme or reason to it. He gave Ukrainians and the Taliban semiautomatic rifles, and now he’s trying to ban them here.
Western strategy is to become poorer, gayer and browner . . .
Good for a laugh maybe, but diverting into other problems is a sure sign you’ve run out of things to say.
The US strategy of funding climate protesters in Canada is paying off as the lack of pipelines and transportation options means Canadian oil sands output is being discounted even heavier than normal as the US is effectively the only buyer.
Western strategy is to become poorer, gayer and browner . . .
Good for a laugh maybe, but diverting into other problems is a sure sign you’ve run out of things to say.
And you think Steve’s wrong? Jesus.
And you think Steve’s wrong? Jesus.
I said he’s diverting. It’s a tactic that works on those not paying attention, as you demonstrate.
@Addolff, BiC, Andrew M
Damn, you beat me to it. Thanks
Johnson needs to bin Net Zero and all green crap. Also, overule Gove and start drilling & fracking
More Green Lunacy:
“Cow and sheep burps to be taxed by New Zealand in world first”
The draft climate-saving plan is likely to result in higher meat prices
https://www.telegraph.co.uk/world-news/2022/06/08/cow-sheep-burps-taxed-new-zealand-world-first/
“The costs are likely to be passed down to consumers, potentially raising the price of meat”
Likely, potentially”? Who else would pay? The cows, the grass? Those two words should be removed
@Steve
Since about 1987, not 97
@Steve, June 9, 2022 at 9:50 am
+1
bis, pjf etc seem to live in an msm fantasy world driven by emotional opinion not facts and still equating Russia as USSR
Like with religion of Covidian, all facts which counter or negate current narrative ignored, attacked or specious claims made. Then when specious claims called out – silence. No ‘sorry I was wrong’
.
I’m not anti/pro Russia or Ukraine, I don’t care who wins. However I deplore West interfering & msm one sided propoganda and my money being spent to arm Ukraine and prolong war & deaths whilst also destroying world economies even more
Then when specious claims called out – silence. No ‘sorry I was wrong’
Says the man who claims Ukraine is blockading “Donbas ports” with minefields. At least Steve is funny on purpose.
The silence of which you speak is most likely just a thread dropping off the first page. You’re simply not entertaining enough to follow over the horizon. If you want more interaction you’ll have to put in more than your early hours drivebys.
@PJF
Ukraine has blockaded All their Black Sea ports with mines, that includes East. Look at a map. Watch Pro Ukraine C4 News and posted PL video
Ukraine has blockaded All their Black Sea ports with mines, that includes East. Look at a map.
Here’s one that’s useful in that it shows the Russian occupied bits of Ukraine in red.
https://liveuamap.com/
All the eastern ports (in the Azov Sea) have been in Russian hands for three months, except Mariupol which they’ve had for nearly a month. Russian military shipping has already been using those ports and they are now open for business.
https://newsrnd.com/life/2022-06-08-filorussi–berdyansk-port-reopened—here-it-s-full-of-grain-.H1g_L-b0O9.html
It turns out that Russia is perfectly capable of mine clearance.
The ports still under Ukrainian control are in the west, and of course they are not going to demine them with the Russian invasion fleet waiting to roll in.
Just to be extra clear (because it seems to be necessary):
https://cyprus-mail.com/2022/06/07/russia-says-mariupol-berdyansk-ports-ready-to-ship-grain/
– “Russia’s defence minister said on Tuesday the Ukrainian ports of Berdyansk and Mariupol, seized by Russian forces, have been de-mined and are ready to resume grain shipments. ‘The de-mining of Mariupol’s port has been completed. It is functioning normally, and has received its first cargo ships,’ Sergei Shoigu said in televised comments.” –
Next.
They were not open when C4 News, PL, TCW… and I first reported
Thanks for update
Wonderful to hear and well done Russia for clearing Ukraine mines to resume grain and other supplies to world. UN, Charities and starving Africans will be praising Russia
PS: You forgot to mention Nazis :p