Dang fisrt the natural gas now this? I belive frances main energy source is nuclear 60-70% if I am right so this could force europe to look for other sources or seriously debate war.
The elephant in the room is that if other sources were available then Europe wouldn’t be getting energy from Russia in the first place. Europe never liked being dependent on Russia in terms of energy. Meanwhile, I’m not sure how Europe would wage war on Russia without having access to energy. European countries have already depleted their weapons stocks sending arms to Ukraine, and producing more weapons would require a lot of energy.
The only sane option for Europe is to restore relations with Russia.
Well, by nato’s terms they cant pull out, if for example putin invaded germany nato has to help germnay with a required amount of aid. I doubt europe is going to look back at putin. The US is bascily begging the saudis to give them more oil and im sure europe will follow. If not they will barter with the US. The US produces majority of our own oil and we do have some oil reserves. Green energy will look more appealing nevertheless.
The problem for Europe is that there is no readily available replacement for Russian energy available. Europe is already buying rebranded Russian energy from countries like China and India at a signficant markup. If Europe doesn’t want to deal with Russia directly then they’ll likely end just end up getting the same oil and gas through resellers.
US has its own energy, but with the strategic reserve running dry, it’s not in a great position either. US is also charging Europe a far higher amount for its energy than Russia did.
This is the core problem for Europe right now. There is less overall energy available and the energy that’s available is being sold at much higher cost. This means that input costs are rising across the board. It’s much more expensive to do manufacturing, it’s more expensive to deliver goods, it’s more expensive to heat homes, etc.
With the costs going up, it’s becoming uncompetitive to do manufacturing in Europe. This is forcing businesses to either close down or move to places like China leaving people unemployed. With high unemployment and rising cost of living, the consumer demand is dropping which continues to destabilize the economy.
Green energy will look more appealing, but creating that infrastructure will take years and will take significant amounts of energy to do. It’s not clear what options Europe has in the near future.
Doesn’t USA produce nuclear fuel? Westinghouse and whatnot
The nuclear fuel US currently produces is already being used, so replacing lost nuclear fuel from Russia would require a significant ramp up in production. It’s not clear how easy that would be and whether US is willing to deplete its nuclear fuel reserves to send them to Europe.
Thanks
Of all the rage-rags in the UK, The Express is the worst. Nothing but click bait - and almost certainly 100% false.
Doesn’t change that 42% of the world’s nuclear power comes from Russia. ☺️ We’re not here for the British tabloid spin.
Sigma Italy grindse5 we don’t have nuclear 😈
