General > General Technical Chat
"Gas Armageddon": Energy/electricity prices in EU/UK (and how to deal with them)
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Zero999:
But we're also experiencing economic hardship. It doesn't appear to be making much difference to the war. I can see China stepping in to help.
tautech:

--- Quote from: langwadt on August 29, 2022, 11:36:33 pm ---
--- Quote from: tom66 on August 29, 2022, 11:21:04 pm ---
--- Quote from: Zero999 on August 29, 2022, 11:06:57 pm ---I repeat. I don't support the actions of Russia in Ukraine. It's just there's a lot more to is than we're led to believe. The sanctions don't appear to be making any difference. China seems to have made friends with Russia again. All it's doing is hurting us. It's all a big mess. We really aught to step back and keep our noses out.

--- End quote ---

No effect? Are you kidding?

https://www.globsec.org/news/yes-it-hurts-measuring-the-effects-of-western-sanctions-against-russia/

- Some industries have seen over 97% decline in sales in niche areas, 63% in cars, 60% in white goods: these industries are decimated
- Inflation of 17.1% (Russian statistic) or 25% (Western analysis)
- Central bank rate set up to 20%
- Imports fallen by 50%
- Withdrawal of major post-Soviet capitalist corporations,  e.g. McDonalds, Coca-Cola, Volkswagen...  These companies are not coming back
- Real wages fallen almost 10%
- Significant reduction in sale price per barrel of oil due to EU embargoes, and more costly to sell to Asia
- No options to sell natural gas outside of EU, essentially destroying their industry here
- Loss of over $300bn in capital in EU banks that is under restriction

--- End quote ---

and their airlines are doomed, most of their planes are western planes that can no longer get maintenance or spare parts, some of the newer Russian planes use western engines. Most of the planes were leased so they should by contract have been returned
when the sanctions started, they weren't and a now effectively scrap with no maintenance. The leasing companies are probably not very keen on leasing them more planes when this is over

--- End quote ---
Be that as it may, unfortunately I believe they still make their own tanks and the engines for them.  :(
Faringdon:
Isnt fracking the way forward now?
Doesnt it solve everything?
And theres loads of coal in EU and UK.
Ban Aircon.
Ban heating on if people arent already wearing coats indoors.
Scarfs wooly hats indoors.
Have heavy sleeping clothes.
Indoor sleeping tents.
How many places i have worked where the heating was on when it didnt need to be.
Street lights off.

Showers which auto turn off after one minute.....you can turn it on again for another minute...but itll be a reminder to finish up quick.

What about mini power stations getting set up all over the place...ones that can burn coal.
tom66:

--- Quote from: Zero999 on August 29, 2022, 11:40:55 pm ---But we're also experiencing economic hardship. It doesn't appear to be making much difference to the war. I can see China stepping in to help.

--- End quote ---

It probably won't make much difference in the short term.   Russia has substantial reserves of equipment, though they will struggle to replace anything that is specialist or reliant on imported parts due to sanctions.

But in the longer term it increasingly makes the war increasingly non-viable as a route forward.  And the more difficult and more painful it is both for ordinary Russians and the wealthy elite, including oligarchs, the more precarious Putin's position is.  Putin only cares about whether he lives another day or not.  If that's in danger, he'll order a withdrawal, even if it makes him look weaker.

I don't - honestly - know who will blink first.  If I were a betting man, I would suggest the EU's resolve would be weaker, but there may be a compromise where both sides save face. 
Faringdon:
This war may not  be about ukraine...it may be about the arctic, and ukraine is just to see what  weapons the other side has got.
Arctic (north pole) is the big big prize here.
Packed full of oil and minerals.

With Putin you never know...he could fire off nukes on Ukraine, or just get up and leave ukraine totally alone...having  now had a wee  "look" at what  weapons the West have got.

I reckon Putin saw that video of Zelensky skipping and  jumping about in that Teddy suit, and thought he was soft, so thought he'd "have a poke" and see,
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