Reply To: Climate, the science, politics, economics and anything else


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#78856
michael norton

What is now happening in Europe, partly because of rocketing fuel prices, is return to inflation and that means Interest Rates will go up. How could the price of Natural Gas go up 32 times in eighteen months? It just does not seem realistic, could part of the reason be the abandonment by countries of both Coal and Nuclear, simultaneously?
Take Germany, they are divesting themselves of both Coal and Nuclear, that is why Nord Stream Two is going from Russia to Germany, they wish to use Methane as their house heating and also for Electricity Base Load. However not everyone has the money to get Nord Stream to their door. What do the poorer countries/people do, freeze to death, this Winter?