Germany and Europe determined to commit suicide.

By Romegas

Germany will completely stop buying Russian coal on Aug. 1 and Russian oil on Dec. 31, marking a major shift in the source of the country’s energy supply, Joerg Kukies, state secretary in the German federal chancellery, said at a conference in Sydney.

He said while Germany was focused on the transition to net zero emissions and had recently put in place legislation to accelerate the development of renewable energy projects, gas would be essential to the shift.

Russia previously supplied 40% of Germany’s coal and 40% of its oil and around 30% of its gas – the relative cheapness of Russian gas enabled Germany’s export-oriented economy. How it will even manage to come remotely close to filling the shortfall, once it deprives itself of these sources is worryingly hazy. It is already well-known that even if enough LPG gas was available, which as various LPG providers have made clear – it Is not –  there are still, simply not enough tankers to shift it around and alternative energy production such as wind turbines require vast amounts of energy to produce in the first place. It is also worth pointing out that likewise the prices of the raw materials needed to produce them, have not stood still – quite the contrary, the price of materials such as lithium and nickel are rising at a rate even higher than that of gas.  It does not help – that Russia (for example with regards to nickel) happens to be the world’s largest producer.

Perhaps a tad more realistically, the head of the Hungarian Prime Minister’s office on the other hand stated that Europe will most likely not have enough gas for the autumn-winter period (read people will freeze to death). In fact Hungarian authorities today declared a state of emergency in the field of energy wherein Hungary has banned the export of any energy sources from the country, including firewood. In a similar vein, the Hungarian Foreign Minister also said today that the country is not even ready to discuss a possible embargo on Russian gas, as well as sanctions against Gazprom and Gazprombank.

Echoing the Hungarian concerns, Romanian Deputy Prime Minister Kelemen Junor stated that the European Union will pay a heavy price for anti-Russian sanctions. Pressed further he replied that:

“It will be a harsh winter, maybe the harshest winter in the last 40-50-60 years for the whole of Europe”

In other words effectively, since the Second World War.

But the detrimental effects of European anti-Russian sanctions are not limited solely to energy, The French (among others) are beginning to regret the absence of Russian tourists and are becoming resentful.

Local French media emphasized that the Russians were very quiet customers, regularly paid and rented housing for a long time. For example, tourists from the Russian Federation accounted for up to 98% of all tenants of seasonal housing in Antibes (a commune in southeastern France),  now despite the tourist season being not over yet, homeowners are already counting prohibitive losses.

While Inflation in the Eurozone continues to balloon that in Russia continues to slow down and this while the dollar rose above the euro for the first time since 2002. This means, that all of us in the Eurozone,  Malta included are losing our purchasing power – fast – and given that we practically import everything as a nation everything will become that much more expensive. There is a price to pay when you give your currency and foreign policy away. Soon we will be all in tears, for the foolishness we have shown in dispensing with what our forefathers took centuries to obtain. Soon, the bill for all those ‘free millions’ we were blindly and rabidly after, will come to haunt us with a vengeance.

All this in order to achieve absolutely nothing other than to make Russia stronger – what we refuse, it sells elsewhere, for example, it has seen a FIVE-FOLD increase in its exports of fuel to the Middle East alone – this not to mention Asia and South America. It is now breaking one budget surplus after another on a monthly basis. We thought we could isolate Russia but we only managed to isolate ourselves.

The EU’s objective to achieve net zero emissions is fast becoming a reality – not because of some wonder alternative energy source – but because we will soon destroy our productive base and the livelihoods of the workers that sustained it – we are wilfully returning to the pre-industrial era.

Future historians will wonder in amazement, how such monumental folly could have been possible – volumes will be written, as they will be also about an emasculated European population that allowed it to happen, ultimately at their own cost.