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Comment by zaptheimpaler | Hacker News Reader

Maybe because things haven't changed so much. As of today, the Nord Stream pipeline is still functional and pumping gas [1]. India & China are continuing to do business with them. Despite the impression headlines give, a country or currency does not collapse overnight.

[1] https://english.alarabiya.net/News/world/2022/03/11/Russian-...

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> India & China are continuing to do business with them

Every bank I’ve talked to in these countries strictly refuses to touch transfers from Russia. Our usual incoming volumes would be several million usd per month, so we aren’t super tiny either.

It would insane for Europe (Germany) to stop getting those gas (especially in the middle of winter). For many Europeans Russian is part of Europe.

the EU is planning to cut their Russian gas demand by 2/3rds by the end of 2022

Please be aware what planning means in the EU. It might happen or might not.

After killing both nuclear and russian gas I wonder how they'll do.

French politicians are already calling for people to reduce their home temperature by 2 degrees C to not be impacted by the Russian gas being cut off, and France uses way less Russian gas than Germany. With German electricity already being twice as expensive as France I'm worried for my 2022 electricity bill

Are they going to get the energy from unicorns?

Also half of EU gas comes from Russia, and 40% of residential heating energy is gas. So even before cuts Russian gas totaled 20% of residential heating energy, big slice but less than what is often made out in headlines and many of these consumers have air heat pump installed as well.

Yeah and 50% is already _a lot_.

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