At their July 26th meeting, energy ministers rejected the Commission’s initial plan for emergency powers but committed to reducing gas usage by 15% between 1 August 2022 and 31 March 2023—at least they did in theory.
After 10 days of being shut down due to scheduled maintenance, gas deliveries from Russia to Germany have resumed via the Nord Stream 1 pipeline, albeit only at 30% capacity. While operators claim full capacity will be reached at some point, German politicians are far from relieved.
With gas supplies far from secured, Germany is starting to prepare for the worst the coming winter: “We’re planning for things we hope won’t become a reality. For catastrophe, for death,” said a district fire chief in Ludwigsburg.
Germany’s largest gas importer, Uniper, has now asked for financial aid from the state, but a nationalization might bear political risks for the Greens due to ongoing lawsuits against the closure of coal plants.
Canada’s return of a repaired gas turbine to Russia has left Germans relieved that the gas flow through Nord Stream 1 may soon resume. But Ukrainian officials are disappointed about the circumvention of sanctions.
Frans Timmermans, the executive vice-president of the European Commission, said that making people suffer this winter in order to stay on track with the energy transition would ultimately be disastrous for solving ‘the climate crisis.’
An expert from an Austrian think-tank has predicted that European gas prices—despite already having skyrocketed across the continent following the onset of the Russo-Ukrainian war—may double or even triple by next year.
On Thursday, May 19th, the EU Commission decided to allow gas importers to open ruble accounts for gas payments to Gazprombank. For a long time, the EU Commission had rejected the Russian demand for payment in rubles, as it was considered to violate EU sanctions against Russia. The condition for this turnaround is that European […]
The Orbán cabinet has put in place the means for Hungary to be independent from Russian natural gas. In the course of 12 years, it built links to all possible alternative energy sources; the fact that a number of them are inoperable is due to other countries.
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.
In Western Europe, meanwhile, our globalized, post-national era of peace and prosperity has wrought decadence and complacency. It has erased from the national consciousness the blood and tears needed to get independence and to keep it.
After failing to achieve independence from Russian gas in the short term, German Minister of Economy Robert Habeck blocked the sale of the German subsidiary of Russian energy company Gazprom, and put it under state controlled trusteeship to ensure security of supply.
The German Agora Institute proposed the introduction of a new car toll to compensate for the loss of tax revenue that will follow the transition from gas to electric vehicles. It is the latest proposal of an institute with strong ties to Germany’s Green lobby.
The Kazakh president has described the protesters as terrorists with foreign training, and has given the go-ahead for counter-terrorist action, including orders to “shoot to kill without warning” in the event of further disturbances.
Critics in the U.S., Ukraine, and Poland warn that approval will increase Russia’s leverage over Europe, pit EU member states against each other, and deprive Ukraine of transit revenues, putting Ukraine in a less advantageous bargaining position.
The U.S. says a deal has been reached with Germany to prevent Russian gas from being used as political leverage by Moscow over Europe in the Nord Stream 2 pipeline project, EUobserver reports. The near-complete 1,230 km (764 miles) pipeline under the Baltic Sea will double Russian gas exports to Germany. U.S. official Victoria Nuland […]