Germany has made and is continuing to make choices that almost guarantee energy shortages this winter. From Pepe Escobar at strategic-culture.org:
A “perfect storm of Russian aggression during the coming winter months” is all but inevitable. Watch it on your screens while you properly freeze.
As much as with “brain dead” NATO (copyright Emmanuel Macron) no one ever lost precious assets betting on the incompetence, narrow-mindedness and cowardice of political “leaders” across the Atlanticist EU.
There are two main reasons for the latest German legalese gambit of suspending the certification of the Nord Stream 2 pipeline.
- Retaliation, directly against Belarus and Russia, “guilty” of the disgraceful refugee drama at the Poland-Belarus border.
- Politicking by the German Greens.
A high-ranking European energy executive told me, “this a game where Germany does not hold a winning hand. Gazprom is very professional. But imagine if Gazprom decided to deliberately slow down their deliveries of natural gas. It could go up tenfold, collapsing the entire EU. Russia has China. But Germany does not have a workable contingency plan.”
This ties up with a proposal that is sitting at a crucial desk in Moscow for approval for two years now, as I reported at the time: an offer by a reputable Western energy firm of $700 billion for Russia to divert their oil and gas exports to China and other Asian customers, away from the EU.
This proposal was actually the key reason for Berlin to resolutely counteract the U.S. drive to stop Nord Stream 2. Yet the torture never stops. Russia now faces an additional hurdle: a carbon tax on exports to the EU which include steel, cement and electricity. That may well be extended to oil and natural gas.
Every sentient being across the EU knows that Nord Stream 2 is the easiest path to lower natural gas prices across Europe, and not the EU’s blind neoliberal bet of buying short term in the spot market.