The big costs comes from building the infrastructure for fossil fuels. So as soon as demand falls, you have a huge part of the bill has been paid already. So you get low fossil fuel prices. You need to keep in mind that most large oil producers are state owned. Therefore those states will try to shut down other suppliers production.
You can see that already with sanctions against Russia and Iran to keep US oil producers going strong.
That is not a sunrise, but the explosion of the tanker
It is really great that there are still people on the internet, who can be convinced by facts. Otherwise you would have given me a source proving me wrong.
If you look at polling, then it is the opposite and still a large group, who see themself as European.
It is always good to not look at what geopolitcal actors say, but what they do. For example the Make in Europe initative, the massive trade deals with Mercosur, India and a lot of other countries and blocks recently, a move towards local weapons and software purchases, working on replacing Visa and Mastercard with the digital Euro and so forth.
European countries were in general close allies of the US. That created a close reliance, which can not be cut without a lot of pain overnight. The biggest issue seems to be Russia right now. Having the US as a NATO member at least on paper defending members against Russia is usefull. As are the ability to purchase some American weapons, without European alternatives or with too low production numbers like Patriot. The smart move is to reduce the dependence on the US steadily, while not causing too many big breaks, which hurt Europe.
Probably a good comparison is what happened with Russia after the full scale invasion. A lot of yelling at each other. Massive fights on different positions and then half a year later the EU mostly cut off Russian fossil fuels, managed to set up a steady supply of arms and other aid to Ukraine, provide support for millions of refugees and so forth.
There is such a thing as Europe. Not just as a continent, but as a political and cultural block. The main actor being the European Union, which is somewhere between the closest alliance and the weakest federation in the world. One key part about the EU is that it has strength somewhat independ from the members governments. The main parts of that are the European Comission and Parliament. The European Union then has a close sphere of influence mainly defined by the countries actively working on joing the EU and the EEA. Somewhat also the UK, which is in a weird position due to Brexit.
All of that is actually also chaning from an identity point of view. As in people see themself as citizens of Europe and their indiviual country. Even the far right is moving on that, with the more moderate(and they are still evil) no longer questioning the EU as such, but rather how it works. You can also see the European flag flown at protests in a lot of different places like for example Georgia.
Fuck no!
In 2023 there were 772 LNG carriers in the world. Most of them will obviously not run Russian LNG, so this actually hurts.
It only works when you take crack.
The funniest solution would be Maduro becomes US president and Venezuela gets Trump.
Shell and BP are British. It is more likely that Marathon, Valero and Philips66 will profit from this since they are US American.
That might well change in the coming days. A lot of them are from Iran after all and they are not going to sell them to Russia right now.
We can only judge by Iran’s response, and since they’re making a cohesive military counterattack by bombing US Bases, we can see the country hasn’t lost its leadership.
Iran has not been able to do that. So far we have seen low number of missiles attacking individual bases. Anybody including Iran knows that you want to launch as many missiles as possible at the same time against a target, so air defense can not deal with all of them. They have done that in the past, but not this time.
The other part is that Iran seems to know that a good number of Arab countries have closed their air space to the US. This includes the UAE. So there being Shahed attacks against Dubai is really really stupid from a strategic point of view. The UAE could easily allow them to actually use the air space or they even have a territorial conflict over some islands. It is not like Iran could do much, if the UAE took them back right now.
You mean the implementation of the United Nation Security Council Resolution 1973?
Not really. Thankfully it takes a bit of brains to make the move, so the world gets the USAs best.
Everybody especially the construction industry knew the ban was coming. Obviously they retrained their workers to be able to install heat pumps and the like. Clearly experience is missing, but they are really pissed that they just invested a lot into the transition and the current government then takes away their market.
Iraq did not collapse due to the Baath party members taking over. It collapsed due too few competent people in positions of power. That opened up the prisons and allowed the Baath party members to take over. Killing them would not have stopped Iraq from collapsing, when the US left.
We actually kind of have the alternative to that as well. In Iraq the US took all members of the Baath party of Hussein. It was very clearly a horrible organization, which commited genocide and many other crimes, but doing so removed all sorts of people from power, which had usefull skills and kind of needed to be party members. For example when you built roads, you really need engineers in the government to check if that road is actually going to be built correctly. Even worse they through the secret service and military members into the same prison as islamic terrorists. So when the US left Iraq, those terrorists got access to people with a very particular set of skills.
Really the only way to go about it, is to built up the alternative in the back, trial the worsed cases and keep the Nazis or whatever other evil group from gaining power.
Lobbying from fossil fuels. Hence the German government wanting to abolish it. The really fucked up part is that Germany has basically no gas or oil, but a relativly strong heat pump production industry. So this is just stupid.
Diesel is used for trucking, which can be electrified and for heating, which also can. Bunker oil is mostly used because it is cheap. Jet fuel also can be replaced using high speed trains for quite a few journeys and for short ones there are electric planes. Industrial gas use is in many cases just heating, which can be done with electricity as well.