Quote:
Originally Posted by SebC
You can't effectively sanction someone if you're not buying anything from them in the first place. But you also need to be able to stop buying from them. If only there were some other place from which Europe could get its oil.
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IMO this just means the nuclearization of Germany.
Nukes for protection, reactors for the power that keeps them in line with their climate goals.
It is really quite unfortunate for Albertans, but the 'energy economy' such as it existed in the 20th century is quickly fading. The externalities of the cost of securing energy sources are now starting to be accounted for. For a province like Alberta, there's no meaningful steps to be taken to counteract the global trend. Lots of teeth gnashing about pipelines and LNG, but those dyes were cast 15 years ago, there's nothing to be done now.
You'd better believe the price of conventional energy is going to take a dive once the US gets responsible leadership again. Probably a short term bump due to uncertainty, but the long term geopolitical moves are to cut the price of energy significantly to hurt Russia, eurasia and the middle east power centres.