[ChuckNorris89]

>but completely impossible for country like Germany. There is not enough gas without Russian one to feed its industry.

Huh, if only they could have invested enough in their local energy sector, through I don't know ... NUCLEAR!, to keep their industry energy independent of Russia, and not shut down its few remaining nukes in the middle of an energy crisis just to appease an outdated political ideology like an absolute dunce, causing energy prices across EU to further skyrockets as Germany had to compensate its internal deficit by buying from the rest.

There's a reason people undeservingly vented their frustration on Germany at Eurovision this year.

[Archelaos]

> NUCLEAR!, to keep their industry energy independent of Russia

The world (EU and US included) is heavily dependent on Russian nuclear imports and technology. Here is an in-depth article on why this is so difficult to overcome:

https://thebulletin.org/2022/05/five-reasons-that-russias-nu...

[foverzar]

You assume that oil and gas are only used as energy components, but they are also raw materials required in industry.

[_0w8t]

If energy usage is removed, then surely there is enough oil and gas in other countries to supply Germany.

[rjzzleep]

People like you look at these things as if you just shift numbers around on an excel sheet. There is still physics and geography involved here. German industry is already hardly competitive in terms of price, what do you think happens when those raw materials are 10 times more expensive?

Now there is a price crunch for LNG tanker charters further pushing up prices. Also it's so disingenuous. Indians are now refining Russian oil, selling it back to Europe but Eurocrats and lying politicians get to pretend they're going off hydrocarbons.

[_0w8t]

With oil the solution is trivial. Switch to electrical cars while generating electricity for them with modern efficient coal plants using German coal. Not only it will be cheaper and reduce geopolitical risks, but it will drop CO2 emission as well.

[ben_w]

This is clearly a new and exciting definition of the word “trivial” that I was previously unaware of.

[vogre]

Don't forget that LNG market is mostly short-term, and Russian pipes work under long-term contracts.

[vogre]

Why would they do it? Russia never failed delivering cheap gas.

[ssk169]

Really? So Russia just didn't stop gas exports to Finland?

[vogre]

It did after Finland refused to pay.

[ssk169]

Let me complete that sentence for you.... after Finland refused to pay in rubels because the signed gas import-export contract specified other currencies.

[capdeck]

Didn't EU freeze all Russian dollar accounts? That basically means Russia never gets those dollar payments. Why would it keep delivering gas for free? Does that "contract" even mean anything then? By switching to rubles Russia actually helped EU nations with a legal way to keep paying for gas.

[ssk169]

No, EU has not sanctiond _all_ Russian banks. IIRC the reason was that some counties in the EU still needed to keep paying for gas.

If you fuck up and get your bank account frozen that does not mean that you don’t have to pay your morgage or that you can pay it with monopoly money.

Also there is a big difference between freezing access to a bank account and taking ownership of the funds.

[vogre]

That changes nothing. Finland refused to pay.

Most of the European companies adopted the new scheme within their current contracts, so it was a technical thing. Russia just needed to be paid in currency that can not be stolen by some lunatic government.

[ssk169]

It was not just a technical thing... it was unilateral change of a legal contract and blackmail by Russian regime that yet again demonstrated clearly that contracts and treaties mean nothing to it.

[Cthulhu_]

Are you a nuclear power lobbyist? How much do you get paid for this post?