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To: SmokingJoe

“The explicit plan, announced two weeks after Russia’s latest invasion, and fully funded by European authorities, is to fully replace Russian oil and gas imports”

“How’s that working out?”

Quantitatively, it is on track. Last year, Russia provided Europe with 45% of its natural gas, and it is now down to 15%. The Europeans are taking exceptional measures to make this happen (like turning off hot water in public buildings in Hannover), and paying many billions of Euros for new permanent infrastructure for the alternative supplies.

It is a big job, and it is estimated to take about three years to complete, but most of the reduction is front loaded this year.


48 posted on 07/29/2022 8:39:15 AM PDT by BeauBo
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To: BeauBo
Quantitatively, it is on track.

Nope.

Last year, Russia provided Europe with 45% of its natural gas, and it is now down to 15%.

Which is not too relevant.
The EU, with a population of only 450 million, is close to a joke when compared to the gargantuan populations of China and India with a combined population of close to 3 billion.
Especially when it comes to something like energy or electric power generation or use, which is dependent on the population.
You continue to over estimate the power of the EU.
Russia has moved on to selling their energy/power generation products to Asia with their vast populations, most of who refuse to abide by Dementia Joe's “sanctions”.

50 posted on 07/29/2022 11:00:16 AM PDT by SmokingJoe
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