European oil companies will not tolerate Poland’s attempt to cancel Nord Stream 2
By Paul Antonopoulos | October 12, 2020
By handing out a €6.5 billion fine against Gazprom, Warsaw has obviously and massively miscalculated because it did not only antagonize the Russian energy company as was intended, but also European partners of the Nord Stream 2 pipeline project, which the Polish government obviously had not considered. Even leaders within the European Union were shocked at the huge fine that Poland is attempting to impose against Nord Stream 2.
It may very well be that the Polish Office of Competition and Consumer Protection (UOKiK) has lost itself when deciding on the price of the fine against Gazprom. But regardless of that, UOKiK has apparently also exceeded its jurisdiction. As the Düsseldorf-based energy supplier Uniper reports, the existing agreements on Nord Stream 2 have nothing to do with a joint venture, which is why the Polish laws on merger controls do not apply to them. The initial plans were to finance the construction of the Nord Stream 2 pipeline through the establishment of a joint venture. For this, however, the companies involved should have received a permit in all the countries in which they operate, as well as from Poland, the only EU state that blocked this decision. The decision for it not to be a joint venture was made without further ado so as not to waste time or money in a dispute with Polish authorities.
The pipeline partners designed an alternative financing model for Nord Stream 2 and instead of joining Nord Stream 2 AG (Company) as a co-partner, the European energy companies are participating in the project as lenders so that Polish antitrust laws do not apply to them. However, Gazprom, the majority shareholder of Nord Stream 2 AG, has given its European partners shares in the company as collateral for the financing provided. If the loans from the Russian side are not paid, the European corporations automatically become the owners of Nord Stream 2 AG. Referring to this fact, the Polish antitrust authorities have declared the European partner companies to be quasi-shareholders in the pipeline project.
With this UOKiK also justifies the exorbitant fine against Gazprom and the fines of around €55 million against Uniper (German), Wintershall (German), Engie (French), OMV (Austrian) and Shell (English-Dutch). Neither Gazprom nor Nord Stream 2 are financially at risk at the moment and the Russian group has already announced that it will take the fine to court.
Poland is of course now aware that their attempts to fine the Nord Stream 2 project will amount to nothing. The aim of the Polish government is not so much to force a large sum of money from Gazprom in the long term, but rather to bury the pipeline project entirely. And this is the part where Warsaw has grossly miscalculated, not only European reactions, but Russian determination.
The goal to cancel Nord Stream 2 also explains why Polish authorities published their decision last week. Relations between the EU and Russia are extra strained because of the Navalny case and the situation in Belarus. France and Germany are working on new sanctions against Russia for the Navalny case and continue to apply pressure against Belarus.
Another question is how effective these measures will be. Sanctions have long degenerated into ambiguity as it is the usual way the West deals with Moscow. Russia has learnt how to adjust their economy accordingly, meaning that sanctions have turned into a farce. The West is regularly expanding its blacklists of sanctioned companies and private individuals, but there has been no significant effect. Political forces with a keen interest in the failure of Nord Stream 2 are plentiful in the West and they are currently advancing the Navalny case in the hope that it will cut the EU from Russia more strongly or permanently. This will not occur as Europe desperately needs Russian energy, which is why Nord Stream 2 is such a critical project for all involved.
Poland plays the main role in trying to cancel Nord Stream 2 and the decision by UOKiK is just another push to finally get Europe to abandon the pipeline project. According to a joint declaration by France and Germany, measures are currently being prepared for those alleged to be responsible in the Navalny case and their participation in the so-called Novichok program.
Despite these measures, Western Europe is bringing its energy project which is important for its own future out of the danger zone, while Poland is attracting even more displeasure from EU giants through its own operation. A penalty against Gazprom may be a Russian problem, but fines against leading corporations from Germany, France, the Netherlands, Great Britain and Austria are guaranteed to leave many of Europe’s biggest capitalist angered. The effort Warsaw is making to thwart Nord Stream 2 is visibly turning opposite to what they expected as there is little doubt the Nord Stream 2 project will come to fruition and completion.
Paul Antonopoulos is an independent geopolitical analyst.
What Is The Cause Of The Recent Power Blackouts In California?
By Francis Menton | Manhattan Contrarian | August 16, 2020
You may have read in the past few days that residents of California have been experiencing rolling power blackouts. This has occurred in the middle of a strong heat wave, meaning that large numbers of people have had their air conditioning, light, refrigeration, and everything else dependent on electricity, go out just when they are most needed. The blackouts have not been the result of technical failures of the grid, but rather have been intentionally imposed by the electricity system operator (known as CAISO — California Independent System Operator) via the various local utilities.
So what has caused these blackouts? The official explanation is that the heat wave is the cause. It has just gotten so unusually hot that demand has risen beyond the capacity of the system. Many articles in the media reporting on the situation go further to associate the unusual heat with “climate change.”
This explanation is complete BS. Yes, there is a strong heat wave going on, at least in certain areas of the state, but it is not unusual in historical context. In fact what is occurring is that California has begun to face the consequences of replacing reliable fossil fuel and nuclear powered electricity with the intermittent renewables, wind and solar. In the evening, approximately 7 to 9 PM, when the sun has set and the heat lingers, and when the demand for electricity for air conditioning reaches a peak, the intermittent wind and solar sources have been producing just about nothing. With insufficient fossil fuel backup, there is not enough power to meet the demand.
In short, we are witnessing the results of almost unbelievable incompetence by the authorities in California. As usual, the equally incompetent and corrupt media are completely giving the authorities a pass in the name of supposedly addressing “climate change.”
First, consider the heat wave. It is fair to call what is currently going on in some major cities like Los Angeles and San Jose a serious heat wave (although the situation in other major California cities like San Diego and Santa Barbara is not a heat wave at all). In Los Angeles, the average daily high for mid-August is 84 deg F. The highs for the past three days have been 93, 98 and 95. For the rest of the upcoming week, forecast highs are all in the 90s, with Wednesday the highest at 98. On the other hand, in Los Angeles, the temperature goes over 100 deg F at least once or a few times most years. Here is a list of record high temperatures in Los Angeles by year. In 2018 it hit 108; in 2010, 113; in 1990, 112; in 1988, 110; and so forth. The large majority of years have records at 100 or above. In short, there is nothing unusual or unexpected in summer temperatures at the level being experienced this week.
So with temperatures at or above the current levels a regularly recurring phenomenon, why haven’t the authorities planned accordingly and put in place resources to meet the demand? The answer is that under a law enacted in 2018, California has embarked on a crazed program to generate 50% of its electricity from “renewable” sources by 2025, 60% by 2030, and 100% by 2045. Both before and after enactment of that law, California has been ambitiously expanding its capacity for wind and solar generation of electricity.
To put this in some context, the peak electricity demand that has been causing California’s problems during the current heat wave is in the range of 42 – 46 GW. (Today’s peak demand was about 44 GW.) To meet this demand, you could put in place a system of fossil fuel and nuclear plants with a capacity of around 55 GW, which would give you a comfortable cushion to deal with whatever maintenance issues or mishaps might arise.
According to the U.S. government’s Energy Information Agency, California actually has installed electricity generation capacity of almost 76 GW. That sounds like wildly more than you would ever need. But the problem is that of the 76 GW of capacity, some 27 GW is solar, and 6 GW is wind. In August the solar goes into steep decline around 4 PM and ends completely around 7 PM. The wind more or less doesn’t blow at all during heat waves. … Full article
Media Claim California Crop Crisis, as Farmers Complain About TOO HIGH Crop Yields
California farmers complain that record yields are lowering prices
By James Taylor | ClimateREALISM | August 16, 2020
Google News and the alarmist media are warning about climate change harming California crop production and bringing “hard times” to California farmers – even as California crop production sets records. In fact, California crop production is so strong that farmers are complaining that high yields are depressing crop prices.
Among the top results today for a Google News search of “climate change” is an article in the Bakersfield Californian titled, “Climate change report forecasts hard times for Kern ag.” The article addresses a newly published report produced by a climate change activist group in conjunction with California state officials. The report claims climate change is setting up harmful conditions for California agricultural production.
The Californian article begins, “A new report warns Kern County agriculture will face tough challenges in the decades ahead as climate change makes irrigation water scarcer and weather conditions more variable and intense. The study concludes these hurdles ‘ultimately challenge the ability to maximize production while ensuring profitability.’”
The truth, however, is that a century of modest warming has brought increasingly beneficial temperatures and climate. Crop production is setting records virtually every year in Southern California, California as a whole, the United States, and globally.
In Kern County, total crop value rose 3 percent in 2019, setting a new record. Other California counties are also thriving under present climate. Fresno County’s total crop value rose 12 percent in 2018 to briefly overtake Kern County as the nation’s top-grossing county for agricultural production. Kern County’s 2019 growth reclaimed the title.
Crop production in 2020 is shaping up even better, with more new records forecast. The Sacramento Bee, for example, published an August 5 article titled, “This is what harvest of a 2020 record 2020 almond crop looks like.”
In fact, crop yields are so strong that some farmers are making news hoping for adverse weather to occur. The Californian itself reported this just last month, in an article titled, “Almond growers fret over expectations for another record harvest.” The article noted that record almond production is causing lower almond prices, making it harder for farmers to profit from their crop. The article noted that February’s almond tree blooms were “close to perfect” under ideal temperatures and climate conditions Curiously, the Californian failed to mention climate change’s role in the close-to-perfect climate conditions and record almond production.
The national crop outlook is just as strong. The U.S. Department of Agriculture forecasts record crop yields this year for the important corn and soybean crops, as well as other crops. This builds upon consistent growth in U.S. crop production and records being set on a near-annual basis.
Globally, the United Nations Food and Agriculture Organization (FAO) forecasts the 2020/2021 crop season will set yet another record for crop production. FAO reports global crop production has increased more than 10 percent during the past decade.
In summary, Google News and the corrupt media are once again reporting fake news and fake science. Global warming has brought about perfect California climate conditions and record crop production. Even as this happens, the media are deceiving people by reporting climate change is ushering in a California crop crisis.
James Taylor is Director of the Arthur B. Robinson Center for Climate and Environmental Policy at The Heartland Institute.
‘Very serious threats’: US reportedly ramps up pressure on Nord Stream 2 contractors
RT | July 26, 2020
The US government has made further attempts to force European firms to ditch the Russian-led Nord Stream 2 gas pipeline project, Welt am Sonntag reported, citing people familiar with talks on the issue.
According to the newspaper, officials from US Department of State, the Treasury Department, as well as the Department of Energy approached European contractors to make sure they fully understand the consequences of staying in the project. Up to a dozen officials reportedly held at least two online conferences with representatives of the firms in recent days.
Speaking in a “friendly” manner, the US side stressed that it wanted to prevent completion of Nord Stream 2, observers of the online talks said. “I believe the threat is very, very serious,” one of them revealed to the German outlet.
Those threats are consistent with comments by US Secretary of State Mike Pompeo last week, in which he warned that companies involved in the project had better “get out now” or risk facing penalties under Section 232 of the notorious Countering America’s Adversaries Through Sanctions Act (CAATSA).
Apart from Russia’s energy major Gazprom, which is developing the project, five European companies have joined. Those are France’s Engie, Austria’s OMV, the UK-Dutch company Royal Dutch Shell, as well as Wintershall and Germany’s Uniper.
Speaking to Welt am Sonntag, the latter called US attempts to undermine the “important infrastructure project” a clear intervention into European sovereignty.
Earlier this week, the US House of Representatives approved an amendment to the National Defense Authorization Act, meant to expand US sanctions on companies involved in installing Russia’s Nord Stream 2 gas pipeline. According to one of the sponsors of the bill, the measures can target companies facilitating or providing vessels, insurance, port facilities, or tethering services for those vessels, as well as to those providing certification for Nord Stream 2.
Both European businesses and government officials have repeatedly decried US attempts to meddle in European energy policy by sanctioning Nord Stream 2, with some even calling on Brussels to work on countermeasures.
Moscow has also lambasted Washington’s move, calling it unfair competition. Earlier this week, presidential spokesman Dmitry Peskov said that Russia will develop a new strategy for completion of the project if Washington proceeds with new punitive measures.
Study Finds Fossil Fuels Aren’t Subsidized; They’re Overtaxed
Wind and solar power are held back by technology, not unfair competition
CO2 Coalition | July 23, 2020
Arlington, Va., July 23, 2020. The CO2 Coalition of 55 climate scientists and energy economists today released a detailed economic study of subsidies and taxes on fossil fuels in the United States, and internationally. Written by international energy expert and Coalition member Dr. Bruce Everett, a professor of international business for 17 years at the Fletcher School of Tufts University, the 26-page White Paper is titled Do Government Policies Favoring Fossil Fuels Hamper the Development of Wind and Solar Power?
While advocates of wind and solar power often claim that these sources of power are disadvantaged by billions, even trillions of dollars in fossil fuel subsidies, the Coalition White Paper finds that the net effect of government policies is to raise, rather than lower, the price of energy from fossil fuels.The study concludes that: “Although most countries do offer some subsidies to fossil fuels, the massive taxes imposed by most governments are generally far higher, resulting in a net increase in the price of fossil fuels. Taking into account all taxes and subsidies, fossil fuels in the United States are overtaxed $50 billion per year. The 28 other largest industrial democracies are overtaxed $363 billion, and the BRIC countries (Brazil, Russia, India, and China) are overtaxed $104 billion. The primary exceptions to this rule are found in oil-producing developing countries that offer their citizens heavily subsidized motor fuels but are not likely candidates for renewable energy.”
Dr. Caleb Stewart Rossiter, the CO2 Coalition’s executive director, said, “Wind and solar power, both in the United States and internationally, are heavily subsidized by mandates for utilities to purchase their costly electricity, as well as tax credits and public financing. It is renewables, not fossil fuels, that have the competitive advantage when it comes to government intervention in the energy markets. Despite this advantage, wind and solar remain in the single digits as a share of American and global energy consumption. As a previous CO2 Coalition White Paper, The Social Cost of Carbon and Carbon Taxes, showed, their true cost is four times that of fossil-fueled power. They are not ready for prime time yet, but that’s because of technological challenges, not wildly-exaggerated fossil fuel subsidies.”
This White Paper and its related excel calculations can be found here.
Bulgaria to complete TurkStream pipeline extension amid US threats to sanction Russian energy projects
RT | July 23, 2020
The Bulgarian section of the TurkStream natural gas pipeline from Russia, known as Balkan Stream, is set to be completed by the end of the year, according to the Russian Foreign Ministry.
The news that the construction of the gas pipeline is proceeding on schedule comes shortly after Washington updated the Countering America’s Adversaries Through Sanctions Act (CAATSA). The move paved the way to impose secondary sanctions on companies involved in Russian energy projects – Nord Stream 2 and the second line of TurkStream natural gas pipelines – both of which are under construction.
“Construction of the second branch of TurkStream on the territory of Bulgaria is going as planned and, according to our partners, will be completed by January 1 2021. [Bulgarian] Prime Minister Boyko Borissov keeps the project’s progress under personal control, regularly inspecting construction sites,” the head of the Russian Foreign Ministry’s Fourth European Department, Yuri Pilipson, told RIA Novosti.
The first part of the TurkStream pipeline has been pumping Russian gas to Turkey since its launch in January. The second part of the route, going through Bulgaria, Serbia and Hungary, to deliver gas to the European consumers, was not spared from the threat of US sanctions.
However, Sofia says that Washington’s restrictions will have no impact on the Balkan Stream, as the project, implemented by its operator Bulgartransgaz, meets all the EU rules. Thus the US has no grounds to impose sanctions on the pipeline, Bulgaria’s Energy Minister Temenuzhka Petkova told a local TV channel.
Bulgaria, which is already receiving gas from TurkStream, is currently building its part of the pipeline to carry Russian blue fuel from Turkey further into Serbia and Hungary. Belgrade earlier said it has long been ready to receive Russian gas imports after completing its section of the pipeline, but is still waiting for Bulgaria to finish theirs.
Faulty Forecasts and False Climate Narrative Hold Nations Hostage
By Vijay Jayaraj | Watts Up With That? | July 15, 2020
The United States is the only major Western country that is not part of the Paris climate agreement, which seeks to restrict and reduce fossil fuel consumption across the world. But the country is not immune from the impacts of the restrictive energy policies the agreement imposes on its trade partners. One of those is my own country, India.
India imports large amounts of coal, oil, and natural gas from the U.S., mostly to generate affordable power for its electric grid. That grid must grow rapidly to meet the needs of over 1.3 billion people. Over 300 million of them—comparable to the whole U.S. population—currently have no electricity. But they need it desperately for their health and their escape from severe poverty.
The justification for reducing fossil fuel use is the claim that climate change will create havoc in the future unless we reduce our greenhouse gas (GHG) emissions. But this claim is not as black and white as the mainstream media and politicians make it out to be.
In fact, data on temperature suggest that the claim is exaggerated and tends be informed by incorrect interpretations from faulty models.
The Never-Ending Problem with Models
The Paris climate agreement and other major climate recommendations from the United Nations are strictly based on the guidelines provided by Assessment reports produced by a climate wing known as the Intergovernmental Panel for Climate Change (IPCC).
The IPCC uses forecast data processed by a large set of computer climate models to arrive at the policy recommendations in its assessment reports.
Among them are forecasts from the Coupled Model Inter-comparison Project (CMIP). CMIP consists of 100 distinct climate models, run by leading modelling groups across the world. Their predictions drive the IPCC’s reports. In 2013, the IPCC fifth assessment report (AR5) featured climate models from CMIP5 (fifth generation).
But the forecasts from these models proved wrong. They exaggerated the temperature trend and differed markedly from temperature data derived from ground-based thermometers; sensors on weather balloons aircraft, ships, and buoys; satellite remote sensing; and “reanalyses”—the latter integrating the input of many different data sources.
Yet, political appointees in charge of determining climate and energy policy around the world used these forecasts to justify international climate agreements like the Paris agreement. And they do no stop with that.
The upcoming IPCC sixth assessment report (AR6), forecast for release in 2021, features forecasts from CMIP6. But the CMIP6 models are turning out to be no better than CMIP5 models. In fact, CMIP6 they’re worse!
Senior climatologist Dr. Roy Spencer has observed that the “CMIP6 models are showing 50 percent more net surface warming from 1979 up to April 2020 (+1.08 degree Celsius) than actual observations from the ground (+0.72 degree Celsius).”
Beyond doubt, comparing both CMIP5 and CMIP6 forecasts to official HadCRUT temperature data sets reveals a very old story: models are always way off the mark, and—suspiciously—always in the same direction, namely, upward, in predicting real-world temperatures.
So, not only were we lied to about the climate, we are going to be misled again by the next IPCC assessment report. And with more extreme false forecasts, there will be calls for more restrictive energy policies.
It is quite astonishing how the unelected politicians at the UN can convince and persuade global leaders to adopt climate policies that are based on unscientific conclusions from faulty models.
The mainstream media have also played their part. Public perception on climate change has been heavily influenced by biased coverage on the climate issue, with no major attention to the huge discrepancies between the model forecasts and real-world observations.
It is not clear how much faultier the projections will become by the time the new assessment report is finally released. But one thing is clear: energy sectors across the globe are being held hostage by pseudo-scientific interpretations from the United Nations’ flagship climate wing.
Vijay Jayaraj (M.Sc., Environmental Science, University of East Anglia, England), is a Research Contributor for the Cornwall Alliance for the Stewardship of Creation living in New Delhi, India.

