Within 5 years, 10 years at most, Europe will have transitioned far enough to renewables that energy is a lost cause as geopolitical tool. Then Russia truly is screwed.
Some of the former countries in the Soviet bloc which more readily faced this issue of Russia trying to extend it's sphere of influence to them they already solved it through more costly means.
Lithuania and Poland did not build LNG terminals because they provide cheap gas, they built them as a costly hedge against Russian use of gas supplies for political purpose like seen with Ukraine in 2005, 2007 and 2009. Which people seem to have forgotten.
https://en.wikipedia.org/wiki/2005%E2%80%932006_Russia%E2%80...
https://en.wikipedia.org/wiki/2009_Russia%E2%80%93Ukraine_ga...
https://en.wikipedia.org/wiki/Russia%E2%80%93Ukraine_gas_dis...
Too early to say that so definitively. Russia is banking on a close relationship with China in that time frame. Looking into the future from here in 2022, that doesn't seem like such a bad bet.
For energy, China is also all in on renewables. See this chart for what they are committed to building.
https://www.iea.org/data-and-statistics/charts/average-annua...
What is the status of Russian exports outside of energy?
https://www.theguardian.com/environment/2021/oct/12/china-co...
https://en.wikipedia.org/wiki/Power_of_Siberia
Timely joint announcement: https://www.reuters.com/world/asia-pacific/exclusive-russia-...
Uh Oh!
> Naftogaz admitted it used some gas intended for other European countries for domestic needs
Translation: Ukraine was stealing gas that was transported to Europe, and they admitted it. Is that "political"? or just plain theft maybe?
Second article: > There is no consensus amongst analysts on who bore the most responsibility for the crisis
On top of that, the gas pipeline worked without fail for all this time, even through the peak of the conflict in 2014-2015. Why hasn't been this powerful geopolitical weapon invoked then?
Leading to the ultimate cutoff from Russian gas in November 2015. Ukraine now buys all gas as reverse flow from European Union states, while still of course having Russia pay transit fees for gas destined to Europe going through the country. [2]
Therefore everyone except Russia is happy, they lost the political tool of the gas supply in Ukraine. That is why Kyiv is not shut off today.
[1]: https://en.wikipedia.org/wiki/Russia%E2%80%93Ukraine_gas_dis...
[2]: https://en.wikipedia.org/wiki/Russia%E2%80%93Ukraine_gas_dis...
Ok let me get this straight. Russia has been supplying up to 39% of all of Europe's natgas nonstop since 1973, throughout the Cold War, collapse of the USSR, 2014, and including the current everyday Ukrainian gas, which is also being supplied by Russia without fail (then reversed from Europe, to avoid outright theft), but somehow it's a very dangerous weapon. Ok.
They currently have record gas prices, so it doesn't look like they mind selling gas. They sell gas to theirb close allies at ( almost) cost to reduce unrest.
Peak of the conflict was obviously not in 2015...
There are multiple reasons why he didn't do it sooner.
Here's one: https://tradingeconomics.com/russia/foreign-exchange-reserve....
Genuine question, how can Europe transition to renewables until we solve storage at city scale? Because to me until future tech the trajectory looks more like gas will be the ~50% baseline for decades to come (or nuclear).
Mind you if the goal is to get Russia out of the European gas market, by greatly increasing the amount of renewables we use the rest could be supplied by LNG + Norwegian/Dutch/English fields.
Are you talking about any specific part of Europe? In Sweden I think natural gas is supposedly something like 3% of totalt energy expenditure, although it is important for heating in some areas and dearth would affect that a lot i assume.
Hm... why? Because the Germans, out of goodness of their hearts, want the Russians to keep dumping the annual $1.5bil+ transit fees into Ukraine? It's the same exact dependency on the same exact gas, just delivered through a bunch of countries each grabbing a cut, instead of directly.
Maybe try https://www.gie.eu/publications/maps/ for a more complete view.
but Putin would probably be pretty safe to assume that the germans wouldn't risk a war for a small part of Estonia/Lithuania (and then another small part, and so-on)
(and that's why no-one outside of france and germany wants the EU army to replace NATO)
Right. He's been carefully boiling that particular frog for a very long time.
The game changed in the mid 20th century with the rise of mutually assured destruction.
You can't stop Putin's illicit private wealth (he's probably the richest man in the world) spreading through the West because it already did.
There will be no co-ordinated all-party pushback against Russia in the USA or the UK, because big chunks of the political system of both are aware of the side on which their bread has been buttered for some time.
And a lot of alt-right figures who have spent years saying that it's a lie that they have Russian support, but at the same time that Putin is a strong leader the West can learn from, are either going to go silent, obstruct or outright attack any sanctions measures.
I don't just mean the obvious people. It's going to be very, very illuminating.
And that is before you look at the soft power issue of, well, exported power in Europe.
Western governments will probably try not to use sanctions that primarily hurt the Russian people, because there is little hope that will work; Putin has spent a decade building an explicitly backward-looking, history-whitewashing kind of nationalism, and people might tire of that, sure, but he's also been very good at very publicly helping his opponents more fully experience the view from high windows.
Remember Don Jr's meeting with the Russians that was supposedly about adoption? It was actually the Magnitsky Act the Russians really wanted to talk about (they want it gone). He said as much himself, and it's clear that even the people advising the Trump campaign were decidedly chilly on the idea of getting rid of it.
Global Magnitsky legislation is why Russia is upping the ante. While I'm no scholar of it, I would expect the West to start with strengthened Magnitsky-type sanctions that prevent oligarchs from getting their money out before things go bad.
Because it is the oligarchs who can uproot Putin most quickly.
Putin is personally weak and isolated at this point -- clearly either clinically vulnerable or otherwise terrified of catching Covid, and distrustful of everyone around him. He's clearly acting more emotionally and less rationally.
Sanctions that target -- or isolate -- the wealth of his closest circle of oligarchs are more likely to get somewhere, because they will gnaw away at his sense of invulnerability.
https://www.bbc.co.uk/news/60348046
Bilateral trade is more significant, uk companies own over £23bn in assets in Russia, and total Russian investment in UK companies comes to £11bn, but let’s put that in context. Russia isn’t close to being in the to 10 contries that trade and invest in the UK.
An enormous number of high-value residential properties in London lie empty because they exist only as a store of wealth for Russian oligarchs.
Something like a fifth or more of the £4.5bn of likely illicit -- literally unexplained -- wealth stored in residential property in London is from Russian oligarchs. It's a huge deal because it is targeted influence; big landlords back the tories. Any really serious attempt to hit that wealth will see pushback in private.
https://bylinetimes.com/2022/02/18/startling-facts-about-lon...
https://www.irishtimes.com/news/world/oligarchs-and-unexplai...
https://www.bbc.co.uk/news/business-35757265
This is a surprisingly pernicious influence on our politics. The current government have sat on a completed report into Russian influence in British politics for some time.
Which is a shame because it would be better if they were put yo use, but it’s not a threat to the UK economy. No jobs depend on those properties. If there is a war and sanctions, we’ll, that’s why those oligarchs own those properties, to protect their wealth from Putin. They’re hardly going to sell up and move that wealth back to Russia, and if they did, so what?
These sorts of Russian backup plan investments are always trotted out as this spooky big dependency we have in Russia. It’s utterly bogus, fear mongering founded on a fundamental misconception of how economics and finance actually work. Hardly surprising as it mostly comes from Marxists. We do have economic ties with Russia through UK companies doing business there, that’s where the risk is because that’s where the jobs and investments in jeopardy are.
Maybe I’m wrong, perhaps there’s stuff I’m missing. That’s fine, but please don’t just flat out slag me off like that please.
https://twitter.com/Peston/status/1496140100316639247
He's also blunderingly claimed Roman Abramovich is subject to sanctions, to make a load of noise -- and Abramovich has clearly threatened to sue, so he has desperately retracted.
His sanctions are as I expected, but thinner -- some notable banks, three oligarchs who may or may not have much money in the UK.
They will clearly let some people move money out of the country, and the Tories are already on the back foot, including from The Spectator(!)
https://www.spectator.co.uk/article/britain-s-sanctions-are-...
https://twitter.com/PeterStefanovi2/status/14963889675157954...
A reminder of who Boris's friendship circle includes, and his willingness to avoid scrutiny on the subject:
https://www.theguardian.com/politics/2019/jul/26/boris-johns...
Here is the obvious truth: the London Laundromat is at least a serious enough problem that it casts a shadow over our ruling government and our politics as a whole; enough to question whether it has weakened us in the way the US believes it has.
By no means all London-investing oligarchs are on the run from Putin; several are close, like Roman Abramovich.
Other oligarchs could well be investing Putin's huge fortune on his behalf. Either way there is considerable concern over the long term corrupting effect of this capital (and its influence over those who cast a blind eye over its arrival, in the Tory party and elsewhere)
> Hardly surprising as it mostly comes from Marxists.
Not sure I bothered replying if this is your angle, mind you.
But here's a non-Marxist view of the threat to sanctions, enforcement, and corrupt influence presented by the London Laundromat:
https://en.wikipedia.org/wiki/Russian_interference_in_Britis...
The chair of that committee has announced he would seek election as prime minister if there's a Tory leadership campaign.
Here he is again:
https://inews.co.uk/news/politics/uk-stop-russians-launderin...
To quote from that article, it's about Putin-adjacent cash: When the intelligence and security committee released its 2020 Russia report, it concluded - as many campaigners warned - that Russians who owed their fortunes to connections with President Putin and the Kremlin had embedded themselves in London assets using suspect money from the state.
Money is speech, remember. All that cash is influence, it's not just hiding.
Here's the US angle on our situation in the UK:
https://www.independent.co.uk/news/uk/home-news/russia-ukrai...
Here's the Economist:
https://www.economist.com/the-economist-explains/2022/02/04/...
Here's a discussion of pressure from a Lib Dem peer (hardly Marxist):
https://www.theguardian.com/world/2022/jan/30/calls-for-uk-t...
in what way exactly is it more extraordinary than all these alliances with middle-eastern "governments" (or rather ruling classes) that are known to commit atrocities of all sorts, including local invasions and coups?
But a fifth of the total of unexplained wealth coming from Russia -- a country that is not an absolute monarchy, should not have a "ruling family", and is down in the mid-seventies in the rankings of GDP per capita -- is kind of extraordinary.
This is not a wealthy small monarchy or a tiny little dictatorship, it's a large, poor country with an extraordinary, demonstrated level of kleptocratic exfiltration of wealth. A lot of it comes to London, and a lot of it comes to (mostly but not exclusively alt-right) populist, disruptive politicians and media figures across the West, through a variety of influence channels.
We're going to find out who those people are; some of them will surprise us, and some of them will not.
Finally, the topic is Ukraine, and unless I'm mistaken, kleptocratic middle-eastern monarchies aren't that interested in it.
The underlying problem is no doubt the dependency on Russia for energy. Europe will have to fix this problem as soon as possible.
It seems to me that this move from Putin is rather more unhinged than normal, and a lot of people around him will be looking for the exits. Denying them the exits so they have to stay home and do something about it might be a better strategy.
I think we will see some quite inventive sanctions rolling out from tomorrow.
It will stop them exfiltrating further wealth, and that ought to scare them enough when the walls start closing in, as they will.
There will come a time when Putin threatens an escalating global conflict and that is when they will finish him. Perhaps literally.
I mean, it's not like he makes today's announcement, and then says, oh snap, I didn't think of all my oligarch friends, they are the only ones that can apply pressure to me, I shall change my mind immediately.
It would be difficult to do this retrospectively with anything like enough speed to have an effect.
The fresh money they want to funnel out of the country before the roof caves in, yeah. And you can probably carefully target a few oligarch-controlled Russian businesses to make it difficult for them to find further legitimacy in the West. They will start doing that tomorrow, by the looks of it.
And there are probably a few visas that are due to be extended that might come under some scrutiny -- particularly in the UK, Spain and Malta.
I mean it is too much money to quickly find to put a dent on things, and in most cases it is well-embedded in funds, buildings and and businesses who will be compelled to fight the government for proof.
Even proving that properties in London are owned by oligarchs is difficult.
Sure, there are unexplained wealth order cases in the UK that can be targeted, and a few existing prosecutions maybe, but in most cases this money has gone through some hoops, legitimate and illegitimate, to end up in its final form.
It would take ages; not something you can do quickly enough to stop an invasion because you'd need to show some proof it would have a rapid effect. The speedy thing to do is to block the new flows of cash, the running business and the people.
This one is on them. No one even asked them to fight, but they did promise to defend Ukraine in exchange for nukes. So there was zero reason not to hit russia with crippling sanctions a month ago.
But hey, promises are made only to be broken.
So much for the Budapest Memorandum.
The US cannot risk implementing sanctions that will not be followed by its partners as at that point it would have to sanction European entities too or back down either way it loses.
Europe opposes sanctions that broadly target the Russian economy especially its energy and financial sectors.
Germany and the rest of Europe is still going to be buying a fuck ton of Russian gas and limiting Russian banks and financial institutions isn’t going to pass Germany as its banks have been issuing a lot of loans to Russian institutions and they still want to get paid.
With Russia’s Escalate to Deescalate doctrine specifically around nuclear weapons any armed conflict is impossible. And since Europe pretty much has its hand in Putin’s trousers sanctions would also be minimal in scope.
In fact I would bet on that no new sanctions would be put forward unless Russia goes outside of the “contested regions”.
The West has pretty much accepted that the “breakaway” regions are now “Western Russian” and Ukraine is going to be completely screwed over by its so call partners just like Georgia.
The US has supplied them primarily with small arms and man portable anti tank weapons.
The Ukrainian armed forces aren’t rolling in M1 under the cover of Apache gunships and F-35’s…
Even if they had the money for it no one would sell them any weapon systems you can’t pretty much buy on Gunbroker.
[1] https://www.nationalreview.com/corner/why-is-the-u-s-still-i...
[0]: 'Plans for construction of first German LNG terminal plagued by delays and uncertainty' https://www.cleanenergywire.org/news/plans-construction-firs...
HONK, HONK, PDF-warning! https://www.gie.eu/publications/maps/gie-lng-map/
What do I see? Pipeline to me! Whee!
Singing voice: "So connected, totally unexpected..."
kthxbaiii
I was attempting to answer why the US imports Russian oil at all given we have production capacity to meet our needs. The wisdom and morality of doing business with Putin is another matter.
US refineries have replaced sanctioned Venezuelan oil with a Russian type bumping them up to a very respectable 10% of oil imports.
The US is also responsible for its own security, not the other way around.
Nothing but political will prevent US to allow Venezuelan oil back. Also, Iranian oil. Both have similar composition to Russian Urals brand.
It still imports from Russia but those imports are private deals which are conducted simply due to market conditions.
There is no strategic import of Oil or any other petroleum products from Russia.
https://www.reuters.com/article/us-russia-rosneft-board/russ...
The same Chancellor who initiated the German nuclear phaseout, thus embedding European reliance on Russian gas.
Sorry I’m un-knowledgeable, but what do you say to the following, well-known argument?
“What would USA say if Russia installed missiles in Cuba? / What did Russia say when OTAN envisioned including Ukraine and thus installing missiles there? / Therefore, isn’t the solution to simply abide by the 1991’s USA promise of not taking foothold in the states bordering Russia?” ? I’m unable to judge this idea with my knowledge.
The fact that you don't agree with them doesn't require you to suggest that they were uninformed or uneducated. I don't agree with you (mostly), but that just means that I've come to different conclusions about what is in reality a complex question.
It seems that you may have watched a few too many of the early promotional videos of the nascent nuclear industry.
Also, "directly guilty for the climate crisis" seems a little over the top. Sure, the anti-nuclear movement did lead us to generally not go down a path that would have helped avert or at least reduce the climate crisis. But the climate crisis was directly caused by the discovery and subsequent use of fossil fuels, not the anti-nuclear movement. That movement had what it considered a clear and present danger that implied that nuclear was not the right answer to replace fossil fuels. It is not a "logical" path to follow - the decision involves many tradeoffs and value judgements, and while I understand that you apparently would have resolved those differently, the anti-nuclear movement operated in good faith to try to avert what was at the time considered a much greater risk than climate change.
We might, or might not, ever discover if they were right.
They didn't - they never proposed anything to replace nuclear. The renewables success was unexpected and is owed entirely to the tech progress. They were pure luddites simply wishing to revert humankind to a pre-industrial state.
The anti-nuclear movement at its peak was already after the soft/alternative technology wave that had started at the end of the 1960s and generally wimpered out by the mid to late 1980s. Maybe you and/or the mainstream were not aware of the suggestions, but solar (hydronic and PV) was already known, small scale wind and hydro were being developed, and groups like the New Alchemists and others were busy working on concepts that would eventually translate into stuff like Passivhaus construction. The renewables success was entirely expected by people who knew about this sort of thing. The movement (such as it was) at that time (and to some extent in its modern forms too, such as Extinction Rebellion, not so well known in the USA) was much more focused on energy use reduction rather than replacement of fossil fuels outright. There were plenty of tinkerers, engineers and starry-eyed folk who shared that vision, and quite a few have been involved in "the renewables success".
> Sure, the anti-nuclear movement did lead us to generally not go down a path that would have helped avert or at least reduce the climate crisis. But the climate crisis was directly caused by the discovery and subsequent use of fossil fuels, not the anti-nuclear movement.
It sounds to me like you're describing a trolly problem scenario where the nuclear industry pulled the lever to only kill one person and not five but then the anti-nuclear activitists pulled the lever back to ensure that five people would die and not one.
I get the impression from your comments on nuclear power that you are one of these anti-nuclear activists but you're experiencing some cognitive dissonance because you're realizing that the course of action that you support may actually have been the wrong one but can't quite admit it.
Wind is the cheapest way to make power, with solar being a close second.
Except that is demonstrably false:
https://www.cleanenergywire.org/factsheets/history-behind-ge...
0: https://fortune.com/2021/09/16/the-u-k-went-all-in-on-wind-p...
Wind and solar are great but they’re not dependable.
Oh yes, they will talk tough but will ultimately not do anything at all. Sanctions will target nothing intentionally.
I'm certainly not saying I believe it but the conspiracy theory goes... Putin, Xi Jinping, Boris Johnson, Angela Merkel/Scholz, Jacinda Ardern, Eman Macron, Justin Trudeau, and Scott Morrison are allied against the USA. With some other smaller allies.
Biden's warnings about imminent war in Ukraine, I thought was warmongering. What US president hasn't war mongered since I've been alive?
A week ago I did not consider this to be anything but a conspiracy theory. The current state of affairs in the last week? I am open to listen to more evidence.
Regardless of the conspiracy theory, sure does seem everyone is about to dunk on the USA.
We are also due for a massive bloody conflict: https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generatio...
The moment Putin crossed border into the Ukraine... Putin is the aggressor here. ok well I'm listening to the democrats suddenly.
As a Canadian, boy am I ever uncomfortable finding myself seemingly at odds against the USA.
I sure hope the republicans can open discussion with the democrats over this.