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Dodgy Climate Models Should be Discarded

By Chris Morrison • The Daily Sceptic • November 3, 2021

A devastating indictment of the accuracy of climate models is contained in a paper just published by the highly credentialed Physicist Nicola Scafetta from the University of Naples. Professor Scafetta analysed 38 of the main models and found that most had over-estimated global warming over the last 40 years and many of them should be “dismissed and not used by policymakers”.

But the majority still are. In the absence of conclusive proof that humans are causing all or most global warming, the science is deemed to be settled almost entirely on the basis of forecasts from models that have never been correct. And of course this lies at the heart of a drive to so-called net zero and the removal from human use of the one cheap and efficient fuel we all rely on to sustain a comfortable, healthy, modern lifestyle – namely, fossil fuel.

At the heart of the climate model problem is determining the equilibrium climate sensitivity (ECS). This is defined in climate science as the increase in the global mean surface temperature that follows a doubling of atmospheric CO2. Nobody knows what this figure is – the science for this crucial piece of the jigsaw is missing, unsettled you may say. So guesses are made and they usually range from 1C to as high as 6C. Models that use a higher figure invariably run hot and Professor Scafetta has proved them to be the least accurate in their forecasts.

Scafetta demonstrates this clearly in the graph (below). The thick green line is the actual average global temperature and all the other lines are the models’ projections. The red lines show the models that put the temperature at 6C. Interestingly, the models started to go haywire at a time when global warming was gaining political traction and debate on the science started to be discouraged. Perish the thought, of course, that the two are in any way related. Scafetta also goes into great detail about the performance of models in all latitudes and concludes “significant model data discrepancies are still observed over extended world regions for all models”.

Many scientists are highly sceptical about climate models. The reason the hypothesis that humans cause all or most global warming is unproven is that the atmosphere is too chaotic a place to pin the blame for warming (and cooling) on our meagre contribution to CO2 emissions, which accounts for about 3% of the total each year. Professor Scafetta points to the influence of the sun and other scientists look at the role of orbits, the moon, ocean currents, naturally occurring weather oscillations, volcanoes – the list is almost endless. We have little idea about the role of other greenhouse gases such as water vapour, which accounts for 6% of the atmosphere, and the way they all react with each other to increase, or decrease, their ability to trap heat.

More detailed research into this by Professor William Happer at Princeton has led him to conclude that a very low ECS, suggesting gentle if any warming, occurs when CO2 rises above the current atmospheric level of 420 parts per million. Far from being harmful, the extra CO2 is highly beneficial for plant growth and food. Slightly warmer temperatures can also be desirable. Homo Sapiens started in the tropics and only ventured out when the ice age started to lift – we like being warm and far more people die of the cold than the heat.

Failing to discuss the science behind climate change and simply blaming it all on humans is not science, it is anti-science, leading to faith-based green ideology. A plea for a more scientific approach was made two years ago by Professor Scaffeta along with a group of over 70 Italian scientists, including many distinguished academics, in a direct plea to Italian politicians. They stated that the human responsibility for climate change observed in the last century was “unjustifiably exaggerated and catastrophic predictions are not realistic”. Signatories of the letter included Antonino Zichichi, Professor emeritus of Physics and the discoverer of nuclear antimatter, and Renato Angelo Ricci, also an emeritus Professor of Physics and former President of the Italian Society of Physics. In total it was signed by 48 science professors. Needless to say it went unreported in the mainstream media at the time

The scientists said that climate models do not reproduce the observed natural variability of the climate of the past, notably the Medieval warm period and the hot Roman period, noted to be warmer than the present “despite the CO2 concentrations being lower than the current”. Of course, models are not alone in downplaying the balmy climate in medieval times. The IPCC produced its infamous hockey stick in 2001 to emphasise recent warming, but it disappeared quickly when the Climategate emails were published eight years later.

The Italian scientists were also of the opinion that the ECS is “considerably lower” than that estimated by the IPCC models. “The advanced alarmist forecasts, therefore, are not credible since they are based on models whose results contradict the experimental data,” they wrote. Natural variability, they said, “explains a substantial part of global warming observed since 1850″. Catastrophic predictions “are not realistic”.

And finally they have a swipe at the so-called 97% ‘settled’ consensus, a mad-up figure recently inflated to 99%. “In fact there is a remarkable variability of opinions among specialists – climatologists, meteorologists, geologists, geophysicists, astrophysicists – many of whom recognise an important natural contribution to global warming observed from the pre-industrial period and even from the post-war period to today.”

One minute to midnight to save the world, proclaimed Boris Johnson at COP26. Perhaps he forgot to put his clocks back last weekend.

November 4, 2021 Posted by | Malthusian Ideology, Phony Scarcity, Science and Pseudo-Science, Timeless or most popular | 2 Comments

Biden blames Russia & OPEC for high oil and gas prices in US

RT | November 3, 2021

President Joe Biden has called out Russia and OPEC countries for causing US energy prices to rise, even as he implements policies to curtail domestic oil and natural gas production.

“If you take a look at, you know, gas prices and you take a look at oil prices, that is a consequence of, thus far, the refusal of Russia or the OPEC nations to pump more oil,” Biden told reporters on Tuesday at the COP26 climate summit in Scotland. “We’ll see what happens on that score sooner than later,” he added.

Prices for the leading US crude benchmark, West Texas Intermediate (WTI), have surged to around $84 per barrel from $48 per barrel since the beginning of 2021, contributing to the nation’s highest inflation rate in 13 years. Gasoline prices are at a seven-year high. The key natural gas benchmark, Henry Hub, is nearing $6/mmBtu in Nymex futures trading after starting the year below $2.50/mmBtu.

While the president pointed the finger at Russia and OPEC for failing to help bring down oil prices, he said that inflation more broadly is being spurred by the Covid-19 pandemic’s impact on supply chains. US Transportation Secretary Pete Buttigieg said on Sunday that the supply-chain woes will continue until the pandemic ends.

The Biden administration called on OPEC in August to help bring oil prices down, raising the ire of major US producers, who argued that he should be encouraging higher domestic supplies.

The day he took office in January, Biden revoked a federal permit for a new pipeline needed to bring more Canadian oil to US refiners. A week later, he suspended the leasing of new oil and gas properties on federal lands and waters as part of his plan to slash reliance on fossil fuels.

The US surpassed Russia and Saudi Arabia as the world’s largest crude producer in 2018 and became the third-biggest exporter of liquefied natural gas in 2019. That same year, the country achieved net energy independence for the first time since the 1950s – reaching a goal that many observers thought impossible.

But US oil and gas output stumbled last year amid the Covid-19 pandemic, and domestic volumes are projected to decline again in 2021.

November 3, 2021 Posted by | Deception, Economics, Malthusian Ideology, Phony Scarcity, Russophobia | , | 1 Comment

Useless Green Energy Hitting The Wall

By Francis Menton | Manhattan Contrarian | October 13, 2021

In the field of litigation settlements, people sometimes talk about a “win, win” scenario — a settlement structure where both sides can get some advantage and simultaneously claim victory. By that criterion, what is “green” energy (aka intermittent wind and solar power)? The public pays hundreds of billions of dollars of subsidies to get the things built, and in return it gets: sudden shortages and soaring prices for coal, oil, gas and electricity; and dramatically reduced reliability of the electrical grid, leading to periodic blackouts and risks of many more of same; and despite it all fossil fuel use doesn’t go down. It’s a “lose, lose, lose.”

As the world comes out of the pandemic and the international economy returns to attempting to fulfill normal consumer demand, you can see green energy hitting the wall pretty much everywhere you look. It’s just a question of which data points you want to collect for a day’s entertainment.

The current energy crisis in Europe and Asia is of course getting next to no coverage in the U.S. media. But over at Bloomberg News they have a big story on October 4. That’s Bloomberg News as in Mike Bloomberg — the man with four private jets and at least ten houses who devotes his public life to hectoring you to cut your “carbon footprint.” But now suddenly the Bloomberg News people seem to have figured out that periodic energy crises are an inevitable consequence of increasing reliance on the undependable wind and sun. The headline of the article is “Global Energy Crisis Is the First of Many in the Green Power Era.” The Bloomberg piece itself is behind paywall, but extensive excerpts can be found at Climate Depot, where they call it a “moment of clarity”:

The next several decades could see more periods of energy-driven inflation, fuel shortages and lost economic growth as electricity supplies are left vulnerable to shocks.. . . . The world is living through the first major energy crisis of the clean-power transition. It won’t be the last. . . . Wind and solar power production have soared in the last decade. But both renewable sources are notoriously fickle — available at some times and not at others. And electricity, unlike gas or coal, is difficult to store in meaningful quantities. That’s a problem, because on the electrical grid, supply and demand must be constantly, perfectly balanced. Throw that balance out of whack, and blackouts result.

No kidding.

Meanwhile, the latest place to get hit with blackouts due to an unreliable grid is China. (Previous rounds of blackouts traceable to over-reliance on unreliable wind and/or solar power have hit South Australia in 2016, California in 2020, and Texas in February this year.). From the New York Times, September 27:

Power cuts and even blackouts have slowed or closed factories across China in recent days, adding a new threat to the country’s slowing economy and potentially further snarling global supply chains ahead of the busy Christmas shopping season in the West. The outages have rippled across most of eastern China, where the bulk of the population lives and works.

But didn’t the same New York Times just tell us on October 8 that China is “the world leader” in both solar power and wind power? Somehow, neither of those seems to help when electricity demand suddenly ramps up. Just yesterday the Guardian reported that the recent power chaos is causing China to re-emphasize what they call “energy security,” which the Guardian takes to mean fossil fuels, particularly coal:

China plans to build more coal-fired power plants and has hinted that it will rethink its timetable to slash emissions. . . . In a statement after a meeting of Beijing’s National Energy Commission, the Chinese premier, Li Keqiang, stressed the importance of regular energy supply, after swathes of the country were plunged into darkness by rolling blackouts that hit factories and homes. While China has published plans to reach peak carbon emissions by 2030, the statement hinted that the energy crisis had led the Communist party to rethink the timing of this ambition, with a new “phased timetable and roadmap for peaking carbon emissions”. . . . “Energy security should be the premise on which a modern energy system is built and and the capacity for energy self-supply should be enhanced,” the statement said.

Over in the UK, somebody has now finally taken the time to do a calculation of how much it would cost to provide sufficient battery storage to get the country through an extended (ten day) period of dark and calm in the winter, assuming a grid relying 100% on wind and solar generation. The calculation has been made by Professors Peter Edwards and Peter Dobson of Oxford University, and Gari Owen of Annwvyn Solutions, on behalf of Net Zero Watch, which is a project of the Global Warming Policy Foundation. (Full disclosure: I serve on the board of the American affiliate of this organization.). The answer that Edwards, Dobson and Owen come up with is approximately 3 trillion British pounds. For comparison, UK GDP in 2020 was just under 2 trillion British pounds. And if you look at the Edwards/Dobson/Owen calculation, you will realize that they assume zero loss of energy on the round trip into and out of the batteries. That’s rather a favorable assumption, given that in practice an all-wind-and-solar system would need to store power all the way from the summer to the winter. What percentage of your cell phone’s battery charge is left if you leave the device unplugged on the shelf for six months? But then, it’s all fantasy anyway, so what does it matter?

And finally, the Department of Energy’s Energy Information Agency has just (October 6) come out with its annual International Energy Outlook. This is the sage projection of our wisest gurus of how the production and consumption of energy will change over the three decades from now until 2050. Surely then these guys will show us how the world will achieve the true path to Net Zero carbon emissions within that time frame, if not much sooner.

OK, then, here is the key chart:

Wait a minute! Could they really be saying that, rather than being on a path to oblivion, all major fossil fuel categories (petroleum, natural gas and coal) will continue to see increased usage right on through 2050, and with no indication that any decline will have begun even then? Yes, that is exactly what they are saying. Indeed the projected increases in consumption of two of those fuels are quite dramatic — up in the range of 50% for natural gas and 40% for petroleum. Yes, so-called “renewables” are projected to increase dramatically; but after thirty years of this, they will still, according to EIA, provide only about 25% of “primary energy consumption,” which is less than petroleum alone, and barely a third of the combined contribution of petroleum, natural gas and coal.

But don’t worry, prices for gasoline and electricity will increase by a multiple, and we’ll have regular blackouts.

November 1, 2021 Posted by | Malthusian Ideology, Phony Scarcity, Science and Pseudo-Science | , | Leave a comment

Ukraine may boost firewood exports to warm EU despite skyrocketing prices at home: Analysis and Strategy Center head

RT | October 30, 2021

Kiev may soon increase firewood exports to the EU to help the bloc deal with energy shortages brought about by soaring gas prices, the head of Ukraine’s Analysis and Strategy Center, Igor Chalenko, says.

“Firewood is, undoubtedly, an interesting commodity for exports, especially for the European Union’s market. In this heating season, they fall short by 70 billion cubic meters to cover their needs until the Nord Stream 2 gas pipeline gets up and running,” Igor Chalenko told a press conference this week.

While Ukraine is among the continent’s top 10 forest-rich states, “the EU is considering firewood as an energy product,” Chalenko said, adding that the current situation with forest felling in western Ukraine is dire, but that Kiev may nevertheless soon lift the ban on massive timber exports to Europe for additional profits.

“The moratorium’s removal is a condition for Ukraine to receive a 600-million-euro tranche from the European Commission. Accordingly, our export of timber in all positions can only increase,” Chalenko said. He added that the step could badly affect the country’s timber processing industry, which has shown significant growth in recent years.

Authorities in Kiev signaled that they intend to lift the current moratorium on timber exports to the EU earlier in October, calling it a “trade irritant.” However, in order to do so, Ukraine intends to create a transparent timber trade system, introducing fines for illegal forest felling and the purchase of illegal timber from Ukraine by European companies.

Ukraine has experienced a shortage of firewood due to energy price hikes. Firewood prices in the country have jumped recently from 50% to 200%, Chalenko said.
Combined with the shortage of coal and gas, Ukraine itself might face serious problems in the current heating season, including sweeping blackouts and an increase in tariffs for both households and industry.

According to Mikhail Volynets, the head of the country’s miners’ union, there are 565,000 tons of coal in the warehouses of thermal power plants, which is 88,000 less than the country needs. Natural gas reserves in Ukraine’s storage facilities stand at 18.8 billion cubic meters, 9.4 billion cubic meters less than last year. And with Russia’s decision to stop deliveries of thermal coal to Ukraine from November 1, Volynets says the prospect is far from optimistic.

October 30, 2021 Posted by | Economics, Malthusian Ideology, Phony Scarcity | , | Leave a comment

Why is data about deaths being held back?

Malcolm Roberts | October 18, 2021

Mortality data tells us information about deaths in Australia and is usually released every 6 weeks. For an unexplained reason, the latest data is over 15 weeks overdue.

Free Media dead in Australia

Malcolm Roberts | October 21, 2021

As Government becomes more and more powerful, anyone who challenges the current policies is smeared and censored. The legacy media happily parrots the propaganda, afraid of losing government funding.

Transcript: https://www.malcolmrobertsqld.com.au/…

Net-zero means dark times ahead, literally

Malcolm Roberts | October 22, 2021

Unreliable, intermittent wind and solar energy will leave Australian families sitting in the dark without coal-fired power to back them. ‘Renewables’ only farm taxpayer money, not energy.

October 27, 2021 Posted by | Civil Liberties, Deception, Full Spectrum Dominance, Malthusian Ideology, Phony Scarcity, Timeless or most popular, Video, War Crimes | , , | 2 Comments

Joanna Lumley Suggests Wartime Rationing Could Solve Climate Crisis

By Richie Allen | October 26, 2021

Joanna Lumley has said that a return to rationing could help solve the climate crisis. The 75 year-old actress said that eating meat and travelling could be rationed to save the planet.

Speaking to Radio Times Lumley said:

“These are tough times and I think there’s got to be legislation. That was how the war was and at some stage we might even have to go back to some kind of rationing, where you’re given a certain number of points and it’s up to you how to spend them – whether it’s buying a bottle of whisky or flying in an aeroplane.”

She said that people could be compelled to cut back on weekend breaks abroad and to move to a plant based diet:

“Perhaps people have got to think a bit harder. Maybe more of our holidays should be at home or taking trains, and not hopping on a plane to Magaluf for the weekend.

I don’t get ill because I’m vegetarian. I still have plenty of energy. I am absolutely fine, I gave up meat 45 years ago.”

When you frame any problem, whether real or imagined as a war, you can justify almost anything right? Remember all that “workers on the front line” nonsense at the beginning of the scamdemic? Remember “the war on covid?”

Didn’t I say last year, that climate lockdowns would be a thing? I said that Sunday driving would be rationed as well as certain foods. This will tie in with the social credit system of course.

Not reducing your meat consumption, your travel, your overall carbon footprint ultimately, will eventually be seen as treachery.

Things are moving very quickly now.

October 26, 2021 Posted by | Civil Liberties, Mainstream Media, Warmongering, Malthusian Ideology, Phony Scarcity, Science and Pseudo-Science | | 1 Comment

European gas crisis: Ukrainian opposition leader slams Zelensky for delaying offer to Russia of extra pipeline transit capacity

By Jonny Tickle | RT | October 25, 2021

Against the background of a European gas crisis, Ukrainian President Volodymyr Zelensky’s decision to give Russia extra transit capacity at a discounted rate is the correct choice, but Kiev took far too long to make the offer.

That’s according to Viktor Medvedchuk, chairman of the Political Council of Opposition Platform – For Life, the country’s largest opposition party. He is currently under house arrest, after being accused by the authorities of high treason and “aiding terrorism.” The politician says the criminal charges against him are trumped-up.

In an interview posted on his faction’s website, Medvedchuk agreed that Zelensky’s belated offer to increase the amount of gas running through the country’s pipes is the right thing to do. The president’s offer was extended not only to Russia but all countries wishing to use Ukraine’s infrastructure.

“It is very good, I think, that finally President Zelensky and his entourage have understood that our pipelines have enormous opportunities,” Medvedchuk said. “The proposal to increase the pumping through our pipelines by 50% is absolutely correct.”

On Sunday, the state-run Ukrainian gas company Naftogaz revealed that the company is ready to provide additional transit of up to 55 billion cubic meters of gas per year at a 50% discount, which would significantly reduce the cost for Russia. Moscow currently pays billions of dollars in fees to Kiev for transiting natural gas through Ukraine.

The lower offer comes as Naftogaz seeks to compete with the Nord Stream 2 gas pipeline. The controversial project was completed last month but is not yet operational. It directly connects Germany to Russia via the Baltic Sea, allowing Moscow to send gas without transiting other countries.

As Nord Stream 2 is already complete, Zelensky’s proposal is now long overdue, Medvedchuk believes.

“Today, Russia seems to be interested in launching Nord Stream 2 and not in increasing the amount of gas pumping through Ukraine’s transportation system,” the opposition leader said. “But we must come to an agreement, and we must make an offer. We must look for common opportunities for the development of trade and economic relations.”

October 25, 2021 Posted by | Economics, Malthusian Ideology, Phony Scarcity | , , | Leave a comment

Climate Change Activists Pushing Establishment Narrative Wonder Why They’re Not in Prison

By Paul Joseph Watson | Summit News | October 25, 2021

Climate change activists from ‘Extinction Rebellion’ who are actually furthering the establishment narrative on climate change expressed shock that they weren’t in prison despite repeatedly blocking major roads and causing accidents.

Gee, I wonder.

61 campaigners from Insulate Britain, an offshoot of Extinction Rebellion, blocked three major roads in London yet again today and again faced angry condemnation from the general public.

They plan to continue the action ahead of the upcoming Cop26 climate change summit in Scotland, at which world leaders will gather to push the very same alarmist global warming rhetoric that they amplify.

Activists expressed shock that the government and the police have allowed them to get away with causing chaos for the past two months, including serious traffic accidents.

“Climate protest group Insulate Britain has revealed its “absolute disbelief” that its members have been allowed to repeatedly disrupt the motorway network, saying it had originally expected its campaign of direct action to last just two days,” reports the Guardian.

“As the group prepares for a fresh wave of protests this week, organisers admit they are baffled over why the police have effectively allowed them to keep closing major routes.”

A spokesperson for the group said, “We assumed that we would not be allowed to carry on disrupting the motorway network to the extent that we have been. We thought that people would basically be in prison.”

Activists previously thanked police for treating them kindly, in contrast to anti-lockdown protesters who are routinely abused by riot cops.

The answer as to why the protesters have faced kid gloves treatment is blatantly obvious.

Far from representing a “rebellion,” their actions are exactly in line with what establishment technocrats want – a global energy lockdown and a drastic reduction in living standards based on the hysteria of man-made climate change.

Insulate Britain protesters are lobbying for the precise system that is already being unrolled, they just want the government to make it even more onerous even more quickly.

The group is actually moving Britain closer to precisely what the establishment wants – a ‘green economy’ that will cause economic devastation, food shortages, energy rationing and climate lockdowns.

Just as police officers genuflected and fawned over Black Lives Matter rioters last summer, eco-activists are protected by the establishment because they are shock troops acting on behalf of the establishment.

October 25, 2021 Posted by | Deception, Malthusian Ideology, Phony Scarcity | | Leave a comment

Deleted Government Report Celebrates How Public Loves to “Conform”

By Paul Joseph Watson | Summit News | October 22, 2021

A deleted government report exploring how to make the public alter its behavior to accept the new ‘green economy’ reveals how COVID-19 restrictions have created a population with a “deep set reverence” for authority and a “powerful tendency to conform.”

The report was inadvertently published by the British government before being hastily pulled down, but numerous journalists were able to retrieve its contents.

The document explored how to weaponize behavioral psychology to ‘nudge’ the public into supporting measures and adopting behavior without them explicitly knowing they’re being manipulated.

The investigation found that the same techniques the government used to force people into accepting lockdown could be used to make them change their lifestyles in the name of preventing climate change.

Under the heading “principles for successful behaviour,” the paper noted;

“Government statements, actions and laws powerfully shape perceptions of normative and acceptable behaviour. For instance, even with public criticism being high, many still perceived government approval as the yardstick for safe behaviour during COVID-19 ‘we’re allowed to do this now [so must be safe]…’. This reveals, for many, a deep set reverence for legitimate government authority, regardless of one’s personal political views.”

While PR stunts such as having officials vaccinated live on television worked to convince people of the narrative, elite hypocrisy (public officials violating lockdown rules) was found to cause significant damage to public trust.

“Perceived hypocrisy can do a lot to undermine efforts to build public engagement and support. This was observed during the COVID-19 pandemic when prominent authority figures broke guidelines, leading to measurable reductions in public compliance as well as shifting attitudes.”

“Green politics has similar deep-seated reputational issues with elite hypocrisy,” notes Breitbart. “A common feature of climate change summits has been high-profile attendees arriving by private or government jet, a disconnect between word and deed that seems unlikely to vanish in the near term.”

The paper concluded that people can be rather easily “nudged” into changing their behavior in response to government announcements and “have a powerful tendency to conform.”

The investigation also found that even if enforced changes to lifestyle are not wanted by the public, most tend to fall in line with the new status quo rather quickly anyway.

The report was prepared by the Behavioural Insights Team (BIT), a quasi-government body that was part of the effort to use “totalitarian” and “unethical” methods of instilling fear into the population as a means of scaring them into complying with lockdown rules.

A related group, the Scientific Pandemic Insights Group on Behaviours team, warned at the start of the first lockdown that a “substantial number of people still do not feel sufficiently personally threatened [by Covid-19].”

“The perceived level of personal threat needs to be increased among those who are complacent, using hard-hitting emotional messaging,” the group added, leading to numerous lurid propaganda campaigns that exaggerated the threat of COVID to bully the public into total submission.

In summary, the public is largely unthinking, compliant and docile and can be made to go along with just about anything so long as they’re bombarded with the right propaganda.

Wonderful.

October 22, 2021 Posted by | Civil Liberties, Deception, Malthusian Ideology, Phony Scarcity, Timeless or most popular | , , | 4 Comments

EU energy crisis hitting poorest citizens hardest

By Jerome Hughes | Press TV | October 21, 2021

Brussels – European Commission President, Ursula von der Leyen, warns the EU’s energy crisis is hitting the poorest hardest and businesses are at risk of closing. EU officials say the 27-nation bloc could benefit from Iran’s vast energy reserves if US sanctions against the Islamic Republic are removed.

The weather is becoming more inclement in the EU and while temperatures are dropping, energy costs are soaring. The crisis has just been discussed in the European Parliament.

The main factors driving prices upwards are consumer demand after COVID-19 lockdown restrictions were eased and gas stockpiles were depleted last winter as it was particularly cold. Then we used a lot of electricity during a warmer than usual summer. Half of the gas used in the EU is imported from Russia. We raised the issue of alternative suppliers with the European Commission.

Question: “Is it the case that the EU would like to be getting more energy from Iran?”

The commission says US sanctions are impeding Iranian energy sales but that won’t be a problem if the JCPOA Iran nuclear deal can be brought back on track.

The EU could import liquefied natural gas from various places, such as the United States, but experts say it would not make sense.

Von der Leyen confirmed to the European Parliament on Wednesday that Russia has fully honored its energy contracts with the EU. She says Moscow has so far not increased supply. Energy consultants say the bloc will still need Russia’s gas for at least another 20 years.

While this dependency exists they suggest it would be prudent of the bloc to improve relations with Moscow.

October 22, 2021 Posted by | Economics, Malthusian Ideology, Phony Scarcity | , , , | Leave a comment