EU Parliament Gives Gas and Nuclear ‘Green’ Status
For hard-core environmentalists and countries that have already weighted their energy production away from both gas and nuclear, the taxonomy is considered ‘greenwashing.’
For hard-core environmentalists and countries that have already weighted their energy production away from both gas and nuclear, the taxonomy is considered ‘greenwashing.’
While the struggle to gain independence of Russian gas is causing European environmentalists to compromise their transformation process to renewable energies, China just launched its first dual-fuel hybrid tanker.
There are a few things that the West can do. One is to follow the Latin motto “Si vis pacem, para bellum,” or “If you want peace, prepare for war.” This certainly applies to the Benelux, Germany, and Sweden, whose armed forces have been severely weakened over the past three decades.
Rather than sinking further into debt to maintain current, high levels of government spending, it is time for Europe’s leaders to fundamentally reconsider their economic and social policies. It is time for them to adopt an entirely new program for economic prosperity.
Speculating on the transition into a future of so-called renewable sources, the European Central Bank warns of three “interrelated shocks” with rising energy prices.