It’s funny to me that the two issues are that everyone is going to freeze to death and also that the reason is because the weather is getting too hot.
Germany could just be using coal plants, but they went with Russian gas because it allegedly changes the weather less.
If it’s freezing, and you have the ability to make the weather warmer, why not make the weather warmer?
The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter.
The escalating standoff threatens to send sky-high European gas prices higher still, adding to already eyewatering bills EU governments are paying to stop their energy providers collapsing and prevent cash-strapped customers freezing in the cold months ahead.
Europe has accused Russia of weaponising energy supplies in retaliation for Western sanctions imposed on Moscow over its invasion of Ukraine. Russia blames those sanctions for causing the gas supply problems, which it puts down to pipeline faults.
EU energy ministers are due to hold an emergency meeting on Friday to discuss how to tackle the energy crisis.
“We will propose a price cap on Russian gas… We must cut Russia’s revenues which Putin uses to finance this atrocious war in Ukraine,” European Commission President Ursula von der Leyen told reporters.
The Commission will also put forward other measures including a mandatory cut in electricity use during peak hours, and a cap on the revenues of energy generated from other sources.
Speaking earlier at an economic forum in Vladivostok, Putin anticipated the move, warning that supply contracts could be ripped up and warning the West it would be frozen like a wolf’s tail in a famous Russian fairy tale.
“We will not supply gas, oil, coal, heating oil – we will not supply anything,” Russian President said. “We would only have one thing left to do: as in the famous Russian fairy tale, we would sentence the wolf’s tail to be frozen.” https://t.co/jV7lkdkT8o pic.twitter.com/cqEOw1OyCh
— Scroll.in (@scroll_in) September 7, 2022
“Will there be any political decisions that contradict the contracts? Yes, we just won’t fulfil them. We will not supply anything at all if it contradicts our interests,” Putin said.
“We will not supply gas, oil, coal, heating oil – we will not supply anything,” Putin said.
Europe usually imports about 40% of its gas and 30% of its oil from Russia.
However, there were signs of division among EU members over the price cap plan. A Czech minister said it should be taken off the agenda for Friday’s meeting. The Czechs are helping to guide discussions as holders of the EU’s rotating presidency.
“It is not a constructive proposal, according to me. It is more another way to sanction Russia than an actual solution to the energy crisis in Europe,” Czech news agency CTK quoted Industry Minister Jozef Sikela as saying.
The energy crisis facing Europe has grown more acute after Russia’s Gazprom fully suspended gas supplied through the Nord Stream 1 pipeline to Germany after it said it found an engine oil leak during maintenance work last week.
Putin rejected Western claims that Moscow was using gas as a weapon to break opposition to its invasion of Ukraine.
The Russian president said Germany and Western sanctions were to blame for the pipeline not being operational and that Ukraine and Poland decided on their own to switch off other gas routes into Europe.
He called on Germany to return a turbine for the pipeline’s Portovaya compressor station that would allow Russia to resume pumping gas.
The impact of the surge in prices is forcing companies to curtail production and governments to spend billions on support to cushion consumers from the impact.
Around half of all aluminum and zinc production has been forced offline in the European Union due to the power crisis, an industry association said on Wednesday and it called on the bloc to cut costs to prevent the permanent closure of metal producing plants.
It’s funny people are going to freeze to death. But it’s also sad.
No one will do anything. The Europeans aren’t even protesting this insane war against Russia.
Sanctions against Russia have literally done nothing whilst energy prices have skyrocketed in the west because they didn’t build nuclear power
— Lord Miles Routledge Adventures ✝️ (@real_lord_miles) September 7, 2022
And every penny given to Zelensky should be given back to the taxpayers with interest
— Freckles (@FluffyMogz) September 7, 2022
He’s right. We’re in no position to dictate to him.
— StOaTy wEaSeL 🐔🪕🍺 (@sweasel) September 7, 2022
Really? He’s not going to help the countries waging war against his country?
— Don Crumpfiéld (@doncrumpfield) September 7, 2022