EU imports of Russian fossil fuels in third year of invasion surpass financial aid sent to Ukraine.
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Tighter sanctions that undercut Russian countermeasures can slash Kremlin revenues by 20% annually
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Tighter sanctions that undercut Russian countermeasures can slash Kremlin revenues by 20% annually
But that would also raise the price of oil for people and companies, which may cause political crises in the EU. As an example, the gas and electricity price crisis that happened in 2022. https://en.wikipedia.org/wiki/Global_energy_crisis_(2021–2023)
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But that would also raise the price of oil for people and companies, which may cause political crises in the EU. As an example, the gas and electricity price crisis that happened in 2022. https://en.wikipedia.org/wiki/Global_energy_crisis_(2021–2023)
It does make you wonder who benefits from the anti-EV and anti-heatpump campaigns we've seen roll across Europe over the past few years, given how those are two major tools to lessen dependence on oil/gas.
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But that would also raise the price of oil for people and companies, which may cause political crises in the EU. As an example, the gas and electricity price crisis that happened in 2022. https://en.wikipedia.org/wiki/Global_energy_crisis_(2021–2023)
The big one is LNG. The EUs total imports of LNG have fallen, but imports from Russia went up.
https://www.ft.com/content/ef4230c1-befa-4053-97b2-397c69c20002
https://ieefa.org/articles/europes-lng-imports-decline-19-gas-demand-11-year-low
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Tighter sanctions that undercut Russian countermeasures can slash Kremlin revenues by 20% annually
wtf? we're litterally paying Russia 250 billion Euros on fossil fuels? We're funding this war because we depend on their fossil fuels?
And now the EU wants to spend 800 billion euros extra on tanks? Why don't we spend that money to massively invest in renewables and to compensate for damages that could be caused by stronger sanctions against Russia?
The effect of sanctions on Russian Urals grade crude was 70% lower in the third year than the year prior, with sanctions slashing revenues by 6%, totalling EUR 2.6 bn. This is mainly due to Russia’s increased use of ‘shadow’ tankers to transport oil to its new markets, enabling it to bypass the oil price cap.
why aren't we stopping these ships as they pass through the baltic/black sea? If Europe sends long range missiles to Ukraine, this hardly would be an escalation of the conflict.
Can anyone explain to me why the EU can't get this number significantly down? If there is political will to spend almost a trillion Euros on military, why don't we get fossil-fuel independent with (at least) the same amount of commitment? It seems so insane to me. Like what the hell?
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It does make you wonder who benefits from the anti-EV and anti-heatpump campaigns we've seen roll across Europe over the past few years, given how those are two major tools to lessen dependence on oil/gas.
Yeah, I'd rather see government money invested in renewables and electrification to remove fossil fuel dependency, rather than helping people cover the price of oil and gas like they did during the crisis.
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