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Wind and Solar Are Fragile

By Steve Goreham | Master Resource | December 2, 2024

Wind and solar have been growing as a share of US electrical power generation over the last two decades. State and federal mandates and subsidies have driven the expansion of renewables because of their inherently dilute and intermittent nature. But it’s clear that renewable electricity sources have a third strike: they are fragile and prone to weather damage and destruction.

Twenty-three states now mandate Net Zero electricity by as early as 2035. Their aim is to replace coal- and gas-fired power plants with wind and solar generators. Wind and solar have grown from near zero in 2000 to 14.1% of US electricity generation in 2023 (10.2% wind and 3.9% solar).

Weather Risk

Wind and solar systems are located on ridge lines, on plains, and offshore, and are exposed to weather forces that usually don’t affect building-housed coal and gas generators. In addition, these systems require about 100 times the land area of traditional generators to deliver the same average electricity output, increasing the chances of storm damage. Damage incidents are rising as more and more systems are deployed.

In May 2019, a massive hailstorm in West Texas destroyed 400,000 solar modules of the Midway Solar Project, about 60% of the facility. The project was only one year old. The system was rebuilt, costing insurers more than $70 million.

On June 23, 2023, the Scottsbluff solar system was destroyed in western Nebraska. Baseball-sized hail falling at up to 150 miles per hour smashed most of the 14,000-panel system. The system had only been operating for four years of its 25-year lifetime and had to be completely rebuilt.

Solar loss insurance claims from hail damage now average about $58 million per claim. Hail damage claims have increased to account for about 54% of solar insurance loss claims. Analysis by Iowa State University shows that severe hail (greater than one inch in diameter) can occur for 20 to 30 days per year in Great Plains states, a wide area of the country stretching from North Dakota to Texas and Colorado to Indiana.

“Fighting Jays Solar” became operational in July of 2023, 40 miles northwest of Houston, Texas. Less than one year later, on March 15 of this year, hail destroyed much of the system, with repair costs estimated to be hundreds of millions of dollars. The system had not yet completed full construction.

Hail is not the only weather hazard facing solar installations. This fall, a tornado associated with Hurricane Milton destroyed much of the Lake Placid Solar Plant in Sylvian Shores, Florida. The facility had only been operating for about five years.

Insurance and Liability Ahead

As a result of hail and other weather damage, insurance premiums for solar facilities are skyrocketing, in some cases up by as much as 400%. In addition, policy coverage is being capped at as little as $10-15 million, requiring system developers to obtain multiple policies to try to cover their projects.

The federal government has been promoting the installation of wind systems off the US East Coast. Maryland, Massachusetts, New Jersey, New York, North Carolina, South Carolina, Rhode Island, and Virginia are constructing or planning offshore wind systems. But offshore wind must operate in one of the world’s harshest environments, buffeted by wind, waves, lightning, and salt spray that is very corrosive to man-made structures.

To date, most offshore wind systems have been deployed in China, Europe, and Vietnam. These systems are prone to weather damage. Turbines deployed in Asia coastal areas suffer typhoon wreckage. Eighty percent of the turbines installed in Europe’s North Sea have required repairs due to weather damage.

The London Array, east of England, the world’s largest offshore wind system, required extensive repairs after only five years of operation. Danish wind operator Ørsted needed to repair undersea cables to offshore wind systems in the North Sea at a cost that exceeded $100 million.

But turbines sited off the US East Coast must survive brutal weather, more severe than offshore turbines in Europe. Tropical storms, hurricanes, and nor’easters periodically traverse the coastal sites planned for new offshore wind systems.

For example, historical data from the National Oceanic and Atmospheric Administration shows that 26 hurricanes and 51 tropical storms passed through New Jersey coastal waters during the last 170 years, or almost five storms each decade. Wind installations will be vulnerable to these weather systems.

In 2018, Hurricane Maria passed over Puerto Rico, ripping blades from many turbine towers. East Coast wind systems will likely suffer the same fate.

Wind systems are designed to try to protect wind towers and blades in high winds. When winds exceed 55 MPH, a braking system brings the rotor to a standstill to try to avoid turbine damage. Tower blades are also “feathered” or oriented so that they no longer catch the wind.

But near the eye of a hurricane or tropical storm, violent winds can change direction instantaneously and powerfully, too fast for damage-prevention systems to react. The result will be destroyed blades and damaged towers.

Conclusion

In July, a 351-foot-long offshore wind blade splintered and washed up on the beaches in Nantucket, Massachusetts. Beaches were closed and clean-up crews collected six truckloads of fiberglass and plastic debris from the single destroyed blade. Wind operations were temporarily shut down.

Residents, beachgoers, fishermen, and local businesses posted signs, complained to the press, and spoke out at board hearings. But this was just one turbine blade. Image the outcry when a whole offshore system is destroyed by a hurricane, producing mountains of beach debris at Myrtle Beach, Virginia Beach, Atlantic City, or Long Island?

Media headlines claim that weather is becoming more extreme because of human-caused climate change. But to solve the problem, it’s proposed that we install more and more wind and solar systems, which are fragile and vulnerable to violent weather. Incidents of weather destruction of wind and solar installations will continue to rise.

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Steve Goreham is a speaker on energy, the environment, and public policy. His books include the bestselling Green Breakdown: The Coming Renewable Energy Failure.

December 10, 2024 Posted by | Economics, Malthusian Ideology, Phony Scarcity | Leave a comment

Russian gas was ‘win-win’ – Merkel

RT | December 10, 2024

Buying natural gas from Russia was a good deal, former German Chancellor Angela Merkel has said, rejecting suggestions that it may have been a strategic mistake.

Merkel, who served as chancellor from 2005 to 2021, was in Paris this week to promote her memoir. She gave an exclusive interview to state TV channel France 2, in which she was asked about Germany’s energy relationship with Russia.

“The gas trade with Russia has a deep-rooted tradition. It began during the Cold War and continued throughout my time in office. I do not think it was a mistake, because we obtained Russian gas at a favorable price,” Merkel said in the interview, which aired on Monday evening.

“It was a win-win situation,” the former chancellor added.

Following the escalation of the Russia-Ukraine conflict, Germany had to source gas elsewhere because “prices exploded,” Merkel said, noting that this would have happened much earlier had Berlin stopped doing business with Moscow during her term.

“I believe it is reasonable to procure the most affordable gas,” she told France 2.

Earlier on her press tour, Merkel also defended the decision to build Nord Stream 2, noting that she had “no support from the business community to stop the gas trade with Russia” at the time. The project was launched in 2015 and the first pipes were laid in 2018.

While the government of Merkel’s successor, Olaf Scholz, has accused Moscow of “shutting off” gas to Germany, his coalition partner Robert Habeck had moved to end the energy trade long before the Ukraine conflict and EU sanctions on Russia provided the pretext. The Green Party leader presented giving up gas for “renewables” as an environmentally responsible policy choice.

Berlin thus refused to certify the newly finished Nord Stream 2 pipeline in January 2022. Nord Stream 1 was destroyed by a series of underwater explosions in September 2022. Investigations by Germany, Sweden, and Denmark have not pointed to a culprit yet, though German media reports have blamed a “rogue” group of Ukrainians.

One of the lines of Nord Stream 2 survived the bombing unharmed and could still deliver gas to Germany should Berlin change its policy and certify the pipeline.

The loss of Russian gas and reliance on the far more expensive US alternative has since pushed energy prices in Germany beyond what a lot of industrial enterprises could afford, triggering a wave of shutdowns and bankruptcies.

In a December 2022 interview, Merkel revealed that Germany and France considered the Minsk Agreements – a framework to peacefully resolve the dispute between Kiev and the two Donbass republics – as a play for time until the West could arm Ukraine for a confrontation with Russia. Former French President Francois Hollande has confirmed her claim.

December 10, 2024 Posted by | Economics, Malthusian Ideology, Phony Scarcity | , | Leave a comment

Iran’s gas is the answer to world’s energy woes

Press TV – December 8, 2024

With the role of natural gas in future power generation being under debate by world countries amid a race to dramatically reduce carbon emissions, Iran is hosting a ministerial meeting of the Gas Exporting Countries Forum (GECF).

Organizers say the meeting is an opportunity to exchange views among the member and observer countries as well as experts and specialists in the gas industry about the mechanism of consensus-building and strengthening communication and coordination on supply policies and related affairs.

While the future role of gas in the energy mix is the source of much contention among countries, the global gas consumption grew unprecedentedly in 2023, GECF Secretary General Mohamed Hamel told the forum’s opening in Tehran on Sunday.

He touched on the resilience of gas to regional conflicts and geopolitical strains which have exposed significant fragilties in the post-pandemic global energy system. Since the formation of the GECF in Tehran in 2001, global demand for natural gas has grown 70 percent, Hamel said.

The race to rapidly decarbonize and digitize the global economy under the net zero energy initiative has been subsumed by geopolitics that remains anchored in realist power struggles. The Ukraine war has undermined interdependence and prompted unprecedented levels of economic statecraft.

The need to rapidly move away from fossil fuels and fossil raw materials has exposed countries to a myriad of compliance risks with dire financial repercussions, leading to deepening instability, injustice and energy poverty.

Even the most optimistic clean energy projections indicate that by 2050, at least half of the world’s energy needs will still come from oil and gas resources. Hence, the rush to eliminate fossil fuels from the global energy system is unrealistic, threatening the world’s energy security.

According to the Energy Studies Institute of the International Energy Agency, gas will continue to play a significant role as a clean and cost-effective fuel in the global energy mix, accounting for 28 percent of the total by 2050. Forecasts indicate that by 2050, natural gas production and consumption will increase to more than 5.9 trillion cubic meters per year.

Asia-Pacific has emerged as the world’s largest net importer of natural gas. In 2023, China was the largest consumer of natural gas in the region, with around 405 billion cubic meters. Japan was the second-largest, with a consumption of around 92.4 billion cubic meters. The region’s gas consumption is forecast to hit 1.6 trillion cubic meters by 2050.

Also, predictions show that the largest share of the increase in natural gas production in the world will be from Russia, Iran, Qatar, and Turkmenistan.

Hence, the role of the Gas Exporting Countries Forum as a leading platform for dialogue and cooperation in order to provide a level of stability beneficial to both exporters and consumers and supporting the gas industry which requires significant effort and financing is of particular importance.

Iran, as the second largest holder of gas reserves in the world, has an important role to play in the gas diplomacy and guarantee its national interests and the interests of the other members.

The GECF countries hold 70% of the world’s proven gas reserves and produce some 40% of the world’s gas.

Despite years of sanctions, Iran has made significant progress in expanding its gas sector. The country now produces 275 billion cubic meters of natural gas annually, and gas accounts for more than 70 percent of its energy consumption.

Iran’s overall proven natural gas reserves excluding shale gas deposits and huge hydrocarbon reserves in the Sea of ​​Oman and possibly the Persian Gulf and Caspian Sea are put at 34 trillion cubic meters, or about 17.8% of world’s total.

Assuming that the current unbridled consumption of about 250 billion cubic meters per year continues and with the pessimistic assumption that no new gas fields are discovered in the coming years, the existing supplies are enough to meet Iran’s needs for the next 130 years.

With investment and production from unconventional shale reserves which the country has already discovered, Iran’s gas supply capacity can rise more than twofold in the coming decade.

Exploratory research in the Sea of ​​Oman has indicated the existence of gas hydrate reserves in Iranian waters in larger quantities than the huge South Pars field.

Further development of more than 20 fields currently producing gas can add another 500 million cubic meters a day to the country’s gas production capacity.

This huge capacity can be tapped to supply gas to the world markets through building new pipeline networks to neighboring countries and sending LNG to the rest of the world.

December 8, 2024 Posted by | Economics, Malthusian Ideology, Phony Scarcity | , , , | Leave a comment

Germany Deindustrialising & Subordinated

Sevim Dağdelen, Alexander Mercouris & Glenn Diesen
Glenn Diesen | Dec 2, 2024

I had the pleasure to speak with Sevim Dağdelen (member of parliament) and Alexander Mercouris about the changes within Germany and its role in the world. Germany has been the economic powerhouse pulling the EU forward and it represented a peaceful way to do politics. Yet, Germany changed fundamentally within a relatively short period of time as the German economic locomotive has gone off the rails. Germany is de-industrialising, it has subordinated itself to the US, and there is an absence of political leadership. It fuels the proxy war in Ukraine and supports genocide in Palestine. German is pursuing self-harm as it keeps buying Russian oil from India at a much higher cost, buying expensive American LNG after the Americans destroyed their energy infrastructure, and Germany gave Joe Biden a medal even as the US Inflation Reduction Act relocates German industries to the US. Sevim Dağdelen explains how Germany ended up pursuing these seemingly irrational policies, and she outlines alternatives to turn things around.

Watch at Odysee

December 7, 2024 Posted by | Economics, Militarism | , | Leave a comment

France is a perfect example of centrist elites wrecking the West

By Tarik Cyril Amar | RT | December 7, 2024

It is almost as if some EU capitals have a tenacious death wish. After Berlin’s amazing and ongoing self-Morgenthauing act of industrial suicide for the greater glory of America’s NATO and Zelensky’s Ukraine, Paris is now self-Waterlooing. As France’s newly-discharged prime minister Michel Barnier almost correctly noted, the “country is going through a profound crisis.”

‘Almost,’ because it’s not ’going through’, but stuck in it.

Meanwhile, the man who set this train to nowhere in motion with a hissy fit of an early-election at the beginning of June, former investment-banker-turned-president Emmanuel Macron, won’t quit, although he’s politically bankrupt. He also keeps blaming everyone but himself, while promising to provide “stability.”

The president’s obstinacy would be funny if it weren’t so tragic for France. As French newspaper Libération has put it, “how can you embody stability when you’re the one who’s produced the chaos?” But then, to be fair to the former Wunderkind of Centrism, for the West’s “elites” and their offspring, too (Hi there, Crack Hunter, lawless son of Genocide Joe!), taking responsibility is just so passé. More importantly, Macron’s personal if humungous failure as a politician and, worse, national leader is not the whole story.

Despite the broad powers of the French presidency and Macron’s narcissistic tendency to over-estimate his own significance, he has been a devastating catalyst, an unwitting tool of history rather than a mover-and-shaker in his own right. This, not to be misunderstood, does not absolve him of guilt. It simply means that focusing on him is much less interesting than he himself believes.

Instead, the deep crisis that has come to a head with parliament’s sacking, on December 4, of Barnier and his short-lived minority government, is the result of two large social forces, and one overarching trend that pervades in the West and deserves the label of historic.

Regarding the social forces, on one side, there are economic stagnation and budgetary stress, and, on the other, a pervasive loss of popular legitimacy for politics-as-usual and, in addition, of basic trust and confidence. Concerning the historic trend, we’ll get to that in a moment.

As for the economics of the mess, just consider a few basic facts and key indicators: The trigger for the government collapse was, as recently in Germany, a crisis of state finances: Barnier’s short-lived minority government fell over its attempt to push through a budget for 2025. The deficit for this year, 2024, is forecast to reach at least 6% of GDP, which is, of course, twice the official EU limit of 3%.

For comparison, the Russian Finance Ministry estimates that country’s 2024 budget deficit to reach just over 1%. Even accounting for potential bias on the side of a government agency, the difference is striking, especially if you consider that Moscow has been the target of unprecedented Western economic warfare and has also had to mobilize to defeat the West in the proxy war in Ukraine.

Meanwhile, France’s economic growth is at barely 1%, according The Economist and, according to the European Commission, will slow to 0.8% in 2025. Economists say that’s too optimistic. In other words, there is no “growth,” only stagnation-by-another-name. French business struggles with high energy prices, high interest rates, and waning consumer confidence. Major French firms are cutting jobs by the thousands, bankruptcies “are soaring,” and there is a cost-of-living crisis, again similar to the other Sick Man of the EU, Germany. Long gone seem the days when a Franco-German duo was supposed to be the EU’s beating heart.

To round off the misery, Paris sits on sovereign debt totaling almost €3.3 trillion, equivalent to over 110% of GDP. What the EU allows officially is 60%. That’s a situation The Economist calls “alarming,” with fine English understatement. In reality, “alarming” was yesterday. Paris is now at la-merde-is-hitting-the-proverbial-fan level. Just consult the international ratings agencies: Already at the end of October, Moody’s downgraded France’s credit outlook from “stable” to “negative”; now, the agency has reacted to the budding crisis-on-top-of-a-crisis by highlighting France’s political deadlock and concluding that the probability of consolidating its public finances has been reduced. Some French observers at least are wondering if a full credit rating downgrade is coming. And what about Standard and Poor’s and Fitch, Moody’s competitors? Pardon my French, but just don’t ask.

It’s a dismal picture on the economic front but wait till you see the politics and the national mood!

In the most immediate terms, Macron’s reckless early-election gamble in the summer and his devious and undemocratic maneuvering to keep out the victorious Left after his party’s predictable trouncing, has left France, in effect, ungovernable. Barnier’s predictable failure makes no difference to that fact. Fresh parliamentary elections, once again, would probably not help either. And anyhow, they are ruled out by the constitution before next summer.

Macron will now try out yet another prime minister, number six since he became president. That is a high attrition rate: In 7 years, the would-be embodiment of “institutional stability” has gone through as many heads of government as De Gaulle in 19 years.

It’s also an accelerating attrition rate: Macron’s prime ministers get used up ever faster. The future will show if this trend can be broken. If so, then not because of but despite the president’s baneful influence. As a French commentator noted, he won’t provide a solution, but he can still cause a lot of problems.

There are good reasons for declaring this moment the death of Macronism. Its core project of leaving behind the politics of left and right and replacing them with a combination of Centrism and a “Jupiterian” (Macron’s own, early term) personality cult now lies in tatters.

Specifically, Macronism’s claim to, at the very least, stave off the populist right of Marine Le Pen’s Rassemblement National (RN) is a sad joke: No matter what you think about the RN, there is no doubt that its power has never been as great as now, and its chances of capturing the presidency, with or without Marine Le Pen in the lead, have never been better.

Macron has become the Biden of France: in both cases, while building their rule on a promise to keep out right-populist challengers, the two presidents’ incompetence and egotism has facilitated the rise of those challengers.

And how do the French feel in the midst of all of this? Spoiler alert: Not grand. According to French newspaper Le Monde’s summary of comprehensive polling by Ipsos, France is a “country anxious and discontent, hit by a political crisis,” and bereft of trust in its “political personnel and institutions.” In terms of their individual experiences, only 50% are content, 70% believe that the conditions of their life are “less and less favorable,” and 55% say they find it hard to make ends meet.

Regarding their country as a whole, a whopping 87% consider it in decline, which is 18% worse than when Macron was elected for the first time in 2017: National slow claps for “Jupiter.” But the rest of the political elites don’t look much better: Solid, even preponderant majorities consider them “corrupt” (63%), “not representative” (78%), and out for their own, personal good (83%).

In principle, there’s a difference between being miserable and being afraid. But the two states of mind go together really well, too: Almost all of the French (92%) have a bad feeling they are living in a “violent society”, and almost a third think “very violent” is the more precise term. You may say things could hardly get worse. Yet the French firmly believe they can: 89% see violence on the rise, and the majority of those respondents (61%) think it is rising “a lot.”

In sum: A selfish boss from hell (who could fire himself but swears he won’t), no functioning government, a tanking economy, and a mood like there’s no tomorrow. How did that happen to the “Grande Nation”? This is where we get back to the third factor mentioned above: the overarching historic trend. Let’s zoom out from unhappy France and small-minded, selfish Macron, and what we are seeing is an exemplary case of Centrism ruining a country.

True, you would never guess that if you relied on, for instance, The Economist. There, the same old, tired, and dim story is relentlessly told: How a heroic “center” and its stalwart defenders are resisting (or not so much) dastardly attacks from the “populists” and “extremists.” It’s an epic battle of light and darkness, Hobbits and Orcs, almost as if lifted straight from a fantasy novel. It even features glorious last stands: For the New York Times, Britain’s Keir Starmer, “one of the last centrist leaders on the global stage” is “trying to fight populism from the lonely center.” “Remember the Alamo,” I guess.

And yet, look at the real world: Clinton, Biden, Harris, Scholz, Macron, to name only a few – What do they all have in common? They stand for the failed, rejected project of elitist Centrism, dragging down their countries. For a stubborn, snobbish, and manipulative style of politics, complete with lawfare, mass media campaigns of calumny and disinformation, incipient authoritarianism and police-state methods, a dead-end foreign policy of blaming others (Russia and China most of all) for their countries’ problems and decline, and a resolute surrender to the forces of “the market,” which, here, is simply code for globalized capitalist interests.

It is a project that systematically confuses securing the power and privileges of traditional elites with national stability and welfare. Last but not least, its practitioners stand for an aggressive hubris that routinely derides and demonizes all challengers as beyond the pale of propriety. None of this has anything to do with democracy. On the contrary, as Macron’s handling of elections has illustrated, this is a policy of preventing popular participation and empowerment from below. Centrism is in deep crisis. That much, dear Economist, is true. It should be and only has itself to blame.

Tarik Cyril Amar is a historian from Germany working at Koç University, Istanbul, on Russia, Ukraine, and Eastern Europe, the history of World War II, the cultural Cold War, and the politics of memory.

December 7, 2024 Posted by | Civil Liberties, Economics, Fake News, Mainstream Media, Warmongering, Progressive Hypocrite | | Leave a comment

The elitist tyranny of “Western democracy” is exposed and crumbling

By Finian Cunningham | Strategic Culture Foundation | December 6, 2024

The charade of Western democracy is rapidly unraveling as so-called leaders and their dutiful media show themselves to be brazenly unaccountable to citizens while pursuing elitist, criminal interests.

Biden using presidential powers to pardon his drug-addict felonious son – after promising he wouldn’t. Western media claims that the upsurge in conflict in Syria is a “civil war” and not due to NATO-backed terrorist proxies. Western support for genocide in Gaza and a fascist Israeli leader who is mass murdering his way to avoid court prosecution for years of corruption. Western support for a money-laundering NeoNazi regime in Kiev whose proxy war against Russia could spiral into nuclear annihilation. Western sponsoring of anti-government violence in Georgia after pro-EU groups lost an election there. The pro-West South Korean leader declaring police state powers to avoid prosecution for corruption.

That’s just a quick sample of something more ample in the West’s decaying image.

The visit to China this week by German Foreign Minister Annalena Baerbock was another revealing fiasco. The obsessively anti-Russia Baerbock landed in Beijing not to prioritize improving trade relations with the European Union’s biggest global partner but rather to browbeat China with tedious allegations that it was helping Russia’s war effort in Ukraine.

What’s more important? Getting along with China to bolster trade and jobs for millions of Germans and Europeans, or gratuitously grandstand over a wanton proxy war in Ukraine?

Understandably, the Chinese authorities were not pleased by Baerbock’s insolence and gave her short shrift. She was snubbed by China’s foreign minister Wang Yi not affording a customary joint press conference after more than three hours of discussions. In a separate statement, China again rejected claims that it was aiding Russia militarily in Ukraine.

So here we have Germany’s top diplomat who is soon out of a job because her coalition government has collapsed and is facing new elections – but she flies to Beijing on taxpayer money to aggravate relations with China, whose annual trade with the EU amounts to over $700 billion.

At her solo press conference in Beijing, Baerbock doubled down in her arrogance, accusing China of jeopardizing peace and security in Europe because it supports Russia.

She claimed that Russian President Vladimir Putin was dragging Asia into the war with Ukraine.

The double-think is astounding. Germany, the European Union, NATO, and the United States have done everything to drag the whole world into a war because of its reckless proxy machinations in Ukraine against Russia. The utter failure of that gamble has cost European and American taxpayers a combined $200 billion and could frighteningly escalate into a nuclear conflagration.

Baerbock turned reality on its head when she accused Russia of pulling Asia into the war in Ukraine. It is the United States, NATO, and European Atlanticist leaders who are expanding the proxy war to other regions, including the Middle East and Asia.

Western so-called democracies and NATO are supporting the upsurge in violence in Syria by terrorist militias under the banner of Hayat Tahrir al-Sham (HTS), an internationally proscribed terror organization affiliated with Al Qaeda. Ukrainian military personnel and Turkey (which means NATO personnel) are reliably reported to be assisting the militants in Syria with drone technology.

Evidently, the U.S.-led NATO proxy war in Ukraine is going badly as Russian forces steadily advance against the crumbling Kiev regime. Flaring up the dormant NATO proxy war in Syria is a desperate measure to divert Russian forces to assist its ally, President Bashar al-Assad.

The lame-duck U.S. President Joe Biden is desperately throwing billions of dollars to prop up the Kiev regime before he leaves the White House next month. This is despite Americans voting him out of office partly because they are disgusted by his failed warmongering in Ukraine.

This is the same president who this week pardoned his son’s criminal convictions and spared him from several years in jail.

How much more evidence is needed to show that Western democracies have descended into oligarchies run by elitist politicians who consider themselves above the law and have nothing but contempt for representing ordinary citizens’ interests?

The entire European Union has been captured by Atlanticist elites who have imposed policies that serve hegemonic Western interests and not the interests of ordinary citizens. That’s a definition of treason.

France’s President Emmanuel Macron, Germany’s Chancellor Olaf Scholz and European Commission President Ursula Von der Leyen are some of the other bought-and-paid-for politicians who embody the Atlanticist tyranny. Former Dutch Prime Minister Mark Rutte, who is now NATO secretary-general (sinecures and pay-offs are us), and Polish Premier Donald Tusk are other examples. The feeble Danish, Finnish, Swedish and Baltic leaders are also part of the U.S. vassals club.

Imbued with elitist ideology and deep-seated Russophobia, seduced by bribery, or coerced by the CIA blackmail, all these political prostitutes have been played to betray the interests of European citizens and to make life for the masses incredibly harsh. Russian energy has been cut off leaving European economies shattered. Germany is the most salient case in point where its vital auto industries are collapsing due to higher energy costs.

Another absurd elitist puppet is Kaja Kallas, the former Estonian Premier, who is now the European Union’s foreign minister, taking over from that other Atlanticist tool, Josep Borrell. On her first day in office this week, Kallas visited Kiev to pledge more financial and military aid for the corrupt NeoNazi regime. That’s right. She goes to a NeoNazi regime whose expired president canceled elections, imprisons opposition politicians, censors critical, independent media, and forces military conscription on citizens who want the conflict with Russia to end. Don’t you think Kallas would have been better visiting the EU’s biggest trade partner, China, to repair relations?

While in Kiev, Kallas coordinated with Germany’s Baerbock in Beijing by repeating baseless condemnation of China for its strategic partnership with Russia.

Kallas accused China of prolonging the war in Ukraine simply by maintaining trade relations with Russia, buying Russian gas, and so on.

This politician from a tiny Baltic state of less than 1.5 million people is now running the foreign policy of the EU whose total population is 450 million.

Kallas, who is obsessed with the Russophobia typical of the Atlanticist elites, has threatened to impose higher trade tariffs on China over tenuous allegations of supporting Russia.

The EU has already shot itself in both feet from slavishly following the U.S. imperialist agenda to “strategically defeat” Russia. Now, these same elitist politicians want to compound their treasonous betrayal of European interests by destroying relations with China.

However, the crass servility to an Atlanticist ideology of bankrupt democratic pretensions is rebounding with self-destruction. Western governments (in reality, regimes) and their discredited elitist charlatans are being run out of office due to growing popular disgust over lies and contradictions.

Every Western state is being shaken to its core as more of its people see rank corruption and deception that for decades masqueraded as “democracy”.

Western ‘democracy’ is like a vampire. It sucked the blood of too many people for too many years – all with impunity under the cloak of being virtuous. But in the light of truth, it is decaying and crumbling.

December 6, 2024 Posted by | Corruption, Economics, Russophobia | , , | Leave a comment

Cost of switching off UK wind farms soars to ‘absurd’ £1bn

By Paul Homewood | Not A Lot Of People Know That | December 3, 2024

Cost of switching off UK wind farms soars to ‘absurd’ £1bn

British bill payers have spent an “absurd” £1bn to temporarily switch off wind turbines so far this year as the grid struggles to cope with their power.

The amount of wind power “curtailed” in the first 11 months of 2024 stood at about 6.6 terawatt hours (TWh), according to official figures, up from 3.8 TWh in the whole of last year.

Curtailment is where wind turbines are paid to switch off at times of high winds to stop a surge in power overwhelming the grid. Households and businesses pay for the cost of this policy through their bills.

The cost of switching off has reached about £1bn so far this year, according to analysis of market data by Octopus Energy which was first reported by Bloomberg. This is more than the £779m spent last year and £945m spent in 2022.

The jump in curtailment follows the opening of more wind farms at a time when the country still lacks the infrastructure needed to transport all the electricity they generate at busy times.

The real problem currently is the lack of transmission capacity between Scotland and the South, where demand is. But that is ignoring the real issue, which is that we should never have built wind farms in remote places where there is no demand in the first place. And the cost of new transmission capacity should have been built into the business case before construction went ahead. If that had been done, wind farms in such places would never have been viable.

The Grid of course are now planning to spend over £100 million on upgrading the transmission network, but the real problem going forward is that there will huge amounts of surplus wind power once Miliband has quadrupled wind power capacity. As the Telegraph notes:

According to the National Energy System Operator (Neso), curtailment costs are on course to surge to £6bn by 2030 if the status quo continues

December 4, 2024 Posted by | Economics, Malthusian Ideology, Phony Scarcity | | Leave a comment

Most Western firms stayed in Russia – Putin

RT | December 4, 2024

Russia has never pressured foreign companies to leave the country amid Western sanctions and the vast majority have stayed, President Vladimir Putin stated on Wednesday at the Russia Calling! forum in Moscow.

Putin noted that despite political pressure from their governments, many companies from the US and Western Europe continue to operate in Russia.

“We never pressured anyone to leave our market,” Putin said. “Half of those firms continue to operate in the country as they did before [sanctions]. Some have transferred operations to local management under their control, and only about a quarter [of such firms] have left or are in the process of leaving the country’s economy,” he added.

According to the president, breaking with Russia has played a major role in the economic problems that the EU countries are currently facing. In particular, this is due to the loss of stable Russian energy supplies at reasonable prices, as well as the opportunity to sell their products and supply components to the Russian market, and to use logistics routes, he explained.

The EU also lost the opportunity to use its currency for settlements, which significantly cuts into profits in the bloc’s economy, Putin added.

Western plot to damage Russian economy has failed – PutinREAD MORE: Western plot to damage Russian economy has failed – Putin
“In particular, large companies [in the EU] are closing… others are suffering losses. Glass, chemical, fertilizer production, and agriculture are suffering serious losses because… they have lost the Russian market,” he pointed out.

Putin emphasized that Germany’s economy in particular has suffered the biggest blow due to sanctions imposed on Russia. “Entire enterprises are closing” due to the loss of Russian energy and raw materials, affecting the country’s most important sector of the economy – the automobile industry, according to the Russian president.

Putin said many Western countries have shown themselves as “unreliable partners,” pointing out that many businesses and entire industries in Russia faced serious challenges due to sanctions and the exit of foreign firms.

Despite this, “our doors are always open,” the president told attendees at the forum.

December 4, 2024 Posted by | Economics, Russophobia | , , | Leave a comment

Western plans to damage Russian economy have failed – Putin

RT | December 4, 2024

Western attempts to defeat Russia on all fronts, including inflicting damage to the country’s economy, have clearly failed, President Vladimir Putin said on Wednesday.

The elites of “certain nations” have proven to be unreliable trade partners as they have tried to damage Russian interests in recent years, Putin said in his opening speech at the Russia Calling! investment forum.

“We often hear that those nations set the goal to inflict a strategic defeat on Russia in political, military and economic spheres. Including in terms of economics and technology,” he stated.

“They sought to drastically weaken our industry, finances, the service industry in our country, to create an insurmountable deficit of goods in our market, to destabilize the labor market, to degrade living standards for our citizens.”

The Russian economy has not only recovered from the initial damage caused by the attacks on it, but has also undergone a structural transformation beneficial to it, Putin added. The government has worked hard to improve the logistics of international trade used by Russian businesses and strengthen ties with friendly partners, which has helped the national economy to grow, he stressed.

The Russian government and businesses are working on improving the national financial infrastructure by introducing novel mechanisms, such as remote identification of clients by banks, Putin said. Such changes require a legal framework, and they make the national currency more convenient for international trade.

The expression “strategic defeat” was used by the administration of US President Joe Biden to describe the consequences that the Ukraine conflict would supposedly have for Russia. Washington and its allies have seized Russian state assets and imposed unilateral economic restrictions, as well as threatening third parties with punishment should they trade with Russia in a way not sanctioned by the West.

Despite Western efforts, Russia remains strongly active in international trade. Some nations in the EU continue buying Russian-sourced energy, openly defying Brussels’ calls to divest, while others do so through intermediaries, according to researchers monitoring supplies. Last month, Bloomberg warned that the latest round of US sanctions, which targeted Russia’s Gazprombank, threaten to cause an energy crisis in Western Europe.

December 4, 2024 Posted by | Economics, Russophobia | | Leave a comment

War and peace, NATO troops, sanctions & more | Hungarian FM’s interview

Sanctioning RT is ‘double standards and hypocrisy’

RT | December 3, 2024

Hungarian Foreign Minister Peter Szijjarto gave an exclusive interview to RT on Monday. Here’s the full text of the conversation:

Host Saskia Taylor:

Minister of Foreign Affairs and Trade of Hungary – it is a great honor to be able to sit down with you. Thank you so much for your time. I know that you are a very, very busy man. The first thing, let’s jump right in. I mean, in a recent interview, Prime Minister Viktor Orban, he said that Russia’s deployment of the missile Oreshnik, should be quote, “something to make us all think.” What was Budapest thinking that night, and do you think it will indeed compel your European counterparts to reassess their strategies when it comes to the war in Ukraine?

Hungarian FM Peter Szijjarto:

There has been a feeling with us for more than 1000 days now. And this feeling of ours becomes stronger and stronger every day. Especially when we experience such kind of events like launching that missile or when we experience decisions from others, which decisions should be considered as irresponsible. So day by day, our feeling that peace must be made is getting stronger and stronger. We understand that with every other day spent in this war, there are more people dying, more destruction taking place and more serious threat of escalation comes forward. So all these events show to us that the peace mission of ours must be strengthened, must be more and more active, and we have to do our best in order to help peace to come as soon as possible. Most likely starting with a ceasefire, which would give the chance to those who are involved to sit around the negotiating table and discuss about an agreement leading towards sustainable peace in our region.

Host:

I mean, one other soon-to-be leader, again, who has campaigned for peace in the way that the Hungarian prime minister has, is of course incoming US President Donald Trump. He’s beginning to pick his team, and Keith Kellogg has been tapped to be special envoy for Ukraine and Russia.

Now, I wonder, do you think that his appointment and his mediation could help bring a resolution to the conflict closer? And do you think that there will be sensitivity under a Trump administration to Moscow’s position? I only ask that because Keith Kellogg specifically has said on a number of occasions we need to, quote, “help Ukraine win.”

Szijjarto:

First of all, I think that it has to be put into consideration that a democracy must be built on the will of the people. And what happened on the presidential elections in the United States? There were two candidates with totally differing positions on many issues. But if I have to name the issue where the opinion of the two have totally been different, then I would name, of course, migration, but then the issue of the war in Ukraine. Donald Trump had a totally different vision compared to this war than Kamala Harris, because Kamala Harris was speaking about the continuation of the strategy of the American administration, impacts of which we are quite aware of, unfortunately. But President Trump represented a different approach, because he was speaking about making peace. And at the end of the day, the American citizens have made a very clear decision. So, to make peace in Ukraine, is basically a will of the American people as well. So what we have seen so far since the elections in the form of decisions of the still incumbent American administration is basically neglecting the will of the people, going against the will of the people. So in order to give the respect to the American citizens who made a clear decision in order to ensure safety, stability, and security in the central or eastern part of Europe, the only way to move forward is making peace. In this regard, the fact that the incoming president nominates a person, an experienced one, a respected one, with the aim of resolving the conflict, the war – I think it’s a good news on its own.

On the other hand, I have had the honor to accompany my prime minister on a number of meetings with President Trump, even after the war has broken out. And what I experienced during these meetings is that President Trump really believes in the necessity of making peace. And knowing him, because politics is a job of experience, so knowing him from his first term, whatever he would like to do, he makes his best in order to deliver.

I think that since the presidential election of the United States has taken place, we have the best hope for this war to come to an end since it had broken up. I would say that now we are faced with the most serious risk of escalation ever since this war has broken out, because the decisions made by the incumbent American administration and some Western European administrations since the US elections are very dangerous. We are living in the neighborhood, I don’t have the luxury to speak on behalf of a country an ocean away. I’m speaking on behalf of a country which is next door, and those measures which are bringing the danger of escalation are putting danger on us as well. We don’t want others to put danger on us. Therefore, we have now been strengthening our efforts when it comes to the peace mission. That’s why I came to Moscow today and I hope that my visit, my discussions today will contribute to peace to come as soon as possible.

Host:

Very interesting. You mentioned, of course, I don’t want someone else to put me at risk. But of course, when you’re part of a bloc like the European Union, it is a bit all for one and one for all – at least that’s the view from Brussels.

And I do want to get your take on something because President Putin believes, and actually, you know, I hear this from a number of guests on our programs – and what I am struck by is that they’re mainly actually from Germany – is that they say that Europe has lost its independence and has ceased to be a politically sovereign entity when it comes to international affairs specifically. And I just wondered, do you think that’s a reasonable assessment? And kind of just on a personal level, not just as a minister, but as an EU citizen, how that makes you feel?

Szijjarto:

Since this war has broken out it is obvious that most of the European leaders have lost their own voice in this regard. On many occasions I hear European leaders including my colleagues, foreign ministers or the high representative, speaking about speaking in a way that we always compare our contribution to the American one. I think it’s a very, very bad and harmful approach from the European perspective. Why? Because the war does take place here in Europe. There are European people dying, there is destruction taking place in Europe, and the European economy is faced with the impacts and the consequences of this war. Therefore, following the US policies without any kind of criticism, that’s a big mistake. I do believe that the strategy the European Union has been following in the recent 1000 days is a failed one, because Europe weakened a lot in the last almost three years.

I do believe that instead of globalizing the conflict, the right strategy would have been to localize it and to do everything in order to resolve it, to make peace, instead of pouring oil on the fire, which has been the case.

We are the only country in Europe or European Union which has not delivered weapons to Ukraine. We are the only country in NATO, almost the only one, which speaks openly about the red lines which must be kept seriously. We are the ones who speak openly about our assessment that NATO is a defense alliance and not an attack alliance.

In the upcoming days, we will have many debates in Europe, because we have OSCE ministerial coming, we have NATO ministerial coming. There will be tough debates and we are praying really hard that until the 20th of January nothing happens which would make things irreversible.

Host:

Well, you obviously talked there about how Budapest has become almost a lone voice in Europe and amongst many Western nations. When it comes to the Ukraine issue, I mean, Viktor Orban, he’s vehemently opposed to pumping Kiev with weapons. He’s also very, very critical of any idea of sending foreign troops to the country either as, quote, peacekeepers or actual combat units.

But then, like you all said, on the other hand, we do have players – and you didn’t say that, but I’ll say it – Baltic states, for example, or the UK, which they’ve gone down a different path.

They seem to be beating the drums of war, and they’ve even advocated for sending NATO troops there. When you’re in these meetings, what do you make of their arguments? And as we speak now, how great do you think the danger is of Europe being dragged into a full war with Russia? And I say full quite specifically because obviously many would argue that Russia is already at war with the West. I mean, Boris Johnson admitted it himself just a few days ago.

Szijjarto:

You might remember when our prime minister has visited Moscow during the summer, I was honored to accompany him on his meeting with President Putin and you might remember that huge attack on him. Huge attack on him, on his government, on our country for visiting Moscow and completing or trying to complete a peace mission. You see that there are many pro-war politicians in Europe. When I sit on the meetings of the Foreign Affairs Council with other foreign ministers and listen to some, I’m so sad that such kind of extreme pro-war positions are present that’s why we paid a lot of attention on what would be happening in the United States, because if President Trump had not won, now we might be involved in something which we would never want to be involved in. But with President Trump entering office, I think we have a good hope that peace will come instead of Europe would be dragged into a full-scale war. I think that even speaking about sending troops is extremely dangerous, because we have seen in the recent days, weeks and months, that even a piece of miscommunication or misunderstanding can be extremely dangerous. Therefore, the words of politicians have a weight even under peaceful circumstances, but in case of a war, it’s not just to wait, but it’s a risk as well. Everybody should be aware of that, and sometimes I have the feeling that it is not everybody who is aware of that, or even worse, they are aware, but they say this deliberately. That’s why I think that now everybody who is in favor of peace must increase the volume.

Host:

I mean, Hungary has become a bit of a rogue actor in Brussels, if you don’t mind me saying that.

Szijjarto:

Black sheep!

Host:

Black sheep. No, well, we love black sheep here, so we’re very happy about that. But advocating for economic neutrality, like you’re coming here, business is business, but also against bloc confrontation, whether that’s against Russia, whether that’s against China, for example, as well.

How difficult has it been to resist the pressure? And just from an insider’s perspective, I understand you can’t give us all the secrets of what goes on, but just a sense of really how much people demand that one toes the line?

Szijjarto:

It’s a huge hypocrisy there, because those who are advocating against us with those who usually compete for those investments which are coming from China to Europe. Currently, 44% of all Chinese investments targeting Europe are now targeting Hungary, and that makes a lot of other countries very, very jealous. Why? Because these investments are very modern ones, these investments are investments into the future, these are state-of-the-art, creating thousands of new jobs, offering good salaries. Other countries want that as well, so while the German foreign minister speaks about decoupling, de-risking, of Western and Eastern economies. If you come to Hungary, you see the Chinese and the German factories being constructed next to each other. You see the Chinese companies supplying the Germans, making them successful, vice versa, this is how it works normally on the field of everyday life. For us, economy and energy must not be a matter of political ideology, this is physical and mathematical reality. We don’t let ourselves to be dragged into a debate on philosophical basis, because, for example, energy.

I mean whether you can heat your house or flat, whether you can run your economy with a press conference, with a philosophical debate, with a press statement? It’s impossible. With gas, with oil, with nuclear fuel? Well, that’s the way. Therefore, for us, economic neutrality is common sense. Don’t confuse things which have nothing to do with ideology and political approach.

Host:

And of course, it’s usually the average person who pays the price of ideology. Look at Germany’s industrial…

Szijjarto:

Look at the sanctions, look at the sanction regimes. The sanction regimes of the European Union ended up in extremely high inflation, extremely high energy prices, food prices, and these are all paid by the citizens, by the people.

Host:

…Volkswagen shuttering three factories, laying off potentially tens of thousands, Ford moving some of its production facilities outside of the EU…

Szijjarto:

While Mercedes is building its second factory in Hungary, while BMW is constructing its new factory in Hungary, while the biggest electric battery manufacturers are constructing their factories in Hungary. It might make sense to think about why.

Host:

I’m sold on Hungary – I’m moving to Hungary. Turning now to another big story that I think I really would like to touch upon. Quite a violent one too, the events that are unfolding in Georgia, in Tbilisi. Four nights, four or five nights of terrible protests. What’s the view from Budapest on all of that?

Szijjarto:

Very simple. If it had been the opposition to win that election, there would be no protests, there would be no external pressure, and everybody would praise the fantastic shape of the Georgian democracy. But it’s not Brussels, it’s not Washington, it’s not Berlin, it’s not Paris to decide, but the Georgian people. The Georgian people made a very clear decision. High turnout, more than 50% support to the ruling party, that should be respected.

My problem is, that this is very general in Europe. In the case it is not the liberals to win an election, the democratic nature of the whole country and the whole political system is being questioned immediately. If it is liberals to win, everything’s fine. If it’s patriots to win, if it is conservatives to win, if it is right-wing to win, the nature of democracy is immediately questioned, and this is totally unacceptable. Look at our case, we have been under attack for the last 15 years in the European Union, we have been under financial sanctions. Why? Because we are not ready to speak according to the liberal mainstream, to act according to the liberal mainstream. We are conservative, patriotic, for us national interest is number one. For us, family consists of a mother and the father and the children, where father is a man, mother is a woman.

Host:

And now you’re in EU court because of it.

Szijjarto:

We protect our children, we protect our country, we protect our border, and we are under financial sanctions. If the opposition had won in Georgia, everybody would be so happy with the fantastic shape of the Georgian democracy. That’s the case.

Host:

And of course, with your eastern neighbor, Romania, an interesting situation there is also developing. It’s kind of election season. Parliamentary elections seem to have gone to the pro-EU, pro-Atlantic direction party, but the presidential vote is already a bit scandalous, the first round, because an anti-war NATO critic won and immediately we heard calls, “foreign interference, he’s pro-Russia,” a vote recount was ordered and we’re expecting a decision from the top Romanian court about whether the vote should be annulled at all.

I mean, what does that say about the state of democracy, but also, of course, the mood amongst Romanians?

Szijjarto:

First of all, for us Hungarians, the parliamentary elections were more important in this regard, and the party of the Hungarians has achieved fantastic results, above 6% of the votes, making a very strong representation and a strong voice of the Hungarians in the Bucharest parliament. That’s very, very important. I think we should leave it to the Romanians to decide in the second round whom they want. I think that mutual respect should come back to international political life, and I usually refrain from making comments on domestic issues of other countries because, they are their citizens. They have to make decisions, as there are Hungarian citizens making decisions about the future of Hungary, which should not be questioned and challenged by anyone. For us, the great news is that the Hungarians made a good performance on the parliament elections and the Romanians will decide soon on the second round of the presidential election.

Host:

And closer to home for you, something that’s kind of developing at the moment. Hungarian media citing intelligence services, they’ve reported that they’re in touch with their Slovak counterparts discussing possible threats of attacks to energy infrastructure. Of course, we saw on Sunday that a part of the Druzhba pipeline – very important of course for Hungarian energy security – but a part in Poland was damaged. I mean, who… I mean I know, I understand you don’t want to hypothesize, but fine, then I’ll ask you, what could possibly be the goal behind actors who are concocting these kinds of plots?

EU country investigating ‘sabotage plot’ targeting Russian oil supplies – media
Read more EU country investigating ‘sabotage plot’ targeting Russian oil supplies – media
Szijjarto:

Since the Nord Stream was blown up, we have to take the issue of protection of critical energy infrastructure extremely seriously, and it’s really outrageous, that even until the very day it was not investigated seriously who has committed a terrorist attack against critical European infrastructure.

Since then, we have to be aware of the risk being put on the energy infrastructure in our neighborhood, we have to be attentive, we have to be aware, we have to take care of this. And yes, Druzhba pipeline is vital from our perspective, no question. And I do hope that all countries where this pipeline runs through, do their best in order to prevent any such attacks.

Host:

And finally, I’m sure many would consider you a very brave man, Mr. Szijjarto, because here you are in Russia, the most sanctioned country on Earth, not just in the winter, which is always a brave move, but also of course at a time of war. And you’re talking to me, you’re talking to RT, which apparently is the global media pariah, so much so that the British Ministry of Defence apparently has got a special unit dedicated to trying to silence us. We’ve been banned, we’ve been blocked, we’ve been smeared. What was your reaction when Europe took RT off of the airwaves? And how did it tally with, of course, the principles of free speech, which Brussels claims at least to champion?

Szijjarto:

Of course, this is double standards and hypocrisy because those Europeans who love to teach everyone. They love to refer certain values, among them freedom of speech and freedom of media. And they usually attack others based on those principles. But when they look at themselves, they cannot be too self-confident either.

So for us sanctioning church, sports, media, energy always raises serious question marks. And I do hope that soon we will get rid of all these sanction measures because they have caused more harm to the European Union than to Russia, I guess.

December 4, 2024 Posted by | Economics, Militarism, Progressive Hypocrite, Russophobia, Video | , , , , | Leave a comment

Cringe Diplomacy? Germany’s FM Unleashes Tirade of Threats & Accusations During China Trip

By Svetlana Ekimenko – Sputnik – 03.12.2024

During her September 2023 US tour, the top diplomat reaffirmed Berlin’s intent to back the Kiev regime “as long as it takes,” as she stated. Moreover, German Foreign Minister Annalena Baerbock stirred up some controversy when she called Chinese President Xi Jinping a “dictator” in an interview.

German Foreign Minister Annalena Baerbock arrived in China for discussions with her counterpart, Wang Yi, on December 2-3, wielding anything but the tools of diplomacy.

Baerbock plunged into a tirade of accusations, claiming that Russia was “destroying our European peace order” and that “increasing Chinese support” for Russia “has an impact on our relations,” according to a readout by the German foreign ministry.

“China is going against our core European interests by providing economic and military aid to Russia,” said Baerbock, and “this is not in China’s interests,” she argued.

Germany’s top diplomat, who made no bones about declaring that European countries were waging a war against Russia in 2023, urging that more weapons be sent to Ukraine, now claimed she was in China to advocate “a just peace process.”

Upon finishing her rant regarding NATO’s proxy war in Ukraine, security sprang into action and escorted members of the German media out of the room, reported Handelsblatt. There was also no joint press statement with her counterpart this time.

Striking a completely different tone, Wang Yi countered by saying that China and Germany should “overcome interference, remove obstacles […] and abandon the old mindset of cold war and confrontation.”

Beijing has consistently condemned the Western sanctions against Russia, calling for an end to these illegal measures. It has emphasized that its trade with Russia is conducted transparently and is “consistent with WTO rules and market principles.”

President Vladimir Putin has described the trust-based relationship between Russia and China as one of the key factors contributing to international stability.

December 3, 2024 Posted by | Economics, Militarism, Progressive Hypocrite | , | Leave a comment

China strikes back against US ‘weaponizing’ of trade

RT | December 3, 2024

China has announced a ban on shipments to the US of several dual-use items and key raw materials used in semiconductor manufacturing and military applications. The move comes in response to the latest US sanctions.

On Monday, Washington unveiled restrictions on the export of a broad range of chipmaking tools and software to the Asian nation.

According to a statement issued by the Chinese Ministry of Commerce (MOFCOM) on Tuesday, the retaliatory measures have been introduced in order to safeguard national security interests and fulfill international obligations.

Under the new regulation, China will prohibit the export of dual-use items to US military users or for military purposes. It will also strictly control the export of gallium, germanium, antimony, and superhard materials, as well as graphite-related dual-use items to the US.

The listed rare metals are used in the making of computer chips and a variety of other products, such as solar panels and advanced radar equipment. China is the world’s top producer of gallium and is a leading exporter of germanium.

The US hasn’t produced any gallium since 1987 and relied on China for 21% of its imports of the material between 2019-2022, according to the US Geological Survey. Imports more than halved when compared to previous years due to higher tariffs slapped on shipments to the US by Beijing.

The MOFCOM warned that any organization or individual from any country or region that violates new regulations will be held accountable in accordance with the law. The regulation comes into effect immediately.

The US Department of Commerce announced on Monday that it would ban the export of 24 types of chip manufacturing equipment, three software programs, and high bandwidth memory to China. Additionally, 140 Chinese entities – including toolmakers, chip fabricators, and investment firms – were added to the department’s blacklist over their role in developing China’s domestic semiconductor industry.

Commenting on the issue, a MOFCOM spokesperson told reporters on Tuesday that in recent years, the US “has overstretched the concept of national security, politicized and weaponized economic and technological issues, abused export control measures…”

Such practices seriously undermine international trade rules, the legitimate rights and interests of enterprises, as well as the stability of global industrial and supply chains, the spokesperson said.

The world’s two largest economies, the US and China, have in recent years been jostling for domination in key technology areas, including semiconductors. Washington has repeatedly tightened export controls to prevent Chinese firms from buying certain American components, citing risks to national security.

Beijing has slammed the export curbs, claiming that they run counter to globally recognized market rules.

December 3, 2024 Posted by | Economics | , | Leave a comment

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