+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 46
Latest: Tony Ryan
New This Month: 2
New This Week: 0
New Today: 0
Stats
Total Posts: 12141
Total Topics: 254
Most Online Today: 2
Most Online Ever: 137
(April 21, 2019, 04:54:01 am)
Users Online
Members: 0
Guests: 1
Total: 1

Author Topic: Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution  (Read 12140 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 21821
  • Location: Colchester, Vermont
    • Agelbert Truth AND Consequences
🦖🦀🐉 versus 🦕🦍

Fossil Fuelers BATTLE for world hydrocarbon profits in BOOMING world economy 💵 🎩 🏴‍☠️


Trump 🦖🦀🐉 Firmly In the Twilight Zone: Threatens Nord Stream 2🦕🦍 With Sanctions


June 29, 2017

by Mike Mish Shedlock

Trump's 🦀 vise on the EU started with steel, progressed to cars, then to Iran, and now to a gas pipeline vital to the EU.

The story of the day, not discussed in mainstream media, involves Nord Stream 2, a gas pipeline between Russia and the EU. The feature image is from Gazprom🦕🦍.

Gazprom says "The new pipeline, similar to the one in operation, will establish a direct link between Gazprom and the European consumers. It will also ensure a highly reliable supply of Russian gas to Europe."

Some suggest the EU is unwise to depend on Russia. That is nonsense. Why?

Free trade stops wars!

Regardless, it is the EU's decision to make, not Trump's 🦀, and the deal is already underway.

Gazprom, Partners Invest €4.8 Billion Nord Stream 2 Construction

TASS, the Russian news agency reports Gazprom, Partners Invest €4.8 Billion Nord Stream 2 Construction.

Believe that? Why not? There is no dispute from the EU.

My point is the investment.

Russia’s gas producer Gazprom 🦕 and its Nord Stream 2 partners 🦍 💵 🎩 have invested a total of 4.8 bln euro in the project on natural gas pipeline construction as of the end of June, Chief Financial Officer of Nord Stream 2 AG, the operator of the pipeline construction, Paul Corcoran told journalists on Thursday.

Quote
"We have received 96% of the pipes, we have concrete coated 55% of those pipes and we mobilized vessels for the pipelines. So we are quite well prepared on track and on time for the project," CFO added.

The Nord Stream 2 pipeline is expected to come into service at the end of 2019.

Stop It All Says Trump🦀🦖🐉

Eurointelligence reports Trump 🦀now gunning for Nord Stream 2

As if the tariffs on steel and aluminium - and soon cars - were not enough, the US administration🦀🦖🐉  is now preparing sanctions against five European companies involved in the Nord Stream 2 gas pipeline project. Those sanctions previously had the status of a rumour. But FAZ reports this morning that it received confirmation from a senior US official, at the World Gas Conference in Washington, that the administration is formally considering an application to impose such sanctions. There are two German companies involved, Wintershall und Uniper, as well as OMV from Austria, Engie from France and Royal Dutch Shell. Together they fund 50% of the project. Gazprom funds the other 50%.

FAZ notes that Uniper, one of the German companies, would be particularly hard-hit. The company is a big player in the US coal trade. The company's CEO is quoted as saying that he continues to believe in the necessity of the Nord Stream 2 pipeline to secure gas supplies for the EU. It remains to be seen whether the companies will back off from the project once the sanctions are actually imposed.

Twilight Zone

Trump's 🦀 Iran sanctions are absurd. His Nord Stream 2 demands are so far beyond absurd as to be in the Twilight Zone.

Does Trump 🦀 have a yes or no vote on any and every trade agreement in the world?

It appears so.

The EU and all the countries that border the pipeline agreed to this deal. They invested heavily in it. Construction is underway.

What's Next?

This is so damn absurd, it's logical to conclude there is no way the EU will back down.


However, logic and reality can be quite different things. Trump 🦀 is proof enough.

Either way, the problem is "what's next?"

History suggests that when trade stops, war soon follows.

https://www.themaven.net/mishtalk/economics/trump-firmly-in-the-twilight-zone-threatens-nord-stream-2-with-sanctions-8couEtZfM0SUSGhhgQhJTQ/
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

+-Recent Topics

Global Warming is WITH US by AGelbert
May 23, 2019, 11:59:08 am

Doomstead Diner Daily by Surly1
May 23, 2019, 06:09:54 am

War Provocations and Peace Actions by AGelbert
May 22, 2019, 10:44:45 pm

Interesting, but little known, Facts about Famous People by AGelbert
May 22, 2019, 10:37:19 pm

Corruption in Government by AGelbert
May 22, 2019, 10:13:29 pm

U.S. History & Politics, Climate Change, Trump Impeachment & Standing Rock: CONTEXT by AGelbert
May 21, 2019, 08:17:39 pm

Money by AGelbert
May 21, 2019, 02:21:06 pm

Photvoltaics (PV) by AGelbert
May 18, 2019, 05:38:41 pm

🦕🦖 Hydrocarbon 🐍 Hellspawn Mens Rea Actus Reus modus operandi by AGelbert
May 18, 2019, 01:01:27 pm

Viruses of the Mind by AGelbert
May 17, 2019, 11:02:29 pm