I think one has to separate Europe and North America when talking about the west in this regard. The point about India is not that relevant for the US and their relations are improving because of Chinese foreign policy. India has a long way to go in terms of lifting its people out of poverty, and they will be damned to accept higher energy prices because of some geopolitical conflict they are not involved in. Rightly so.
Moreover the Europeans have their own style of botched foreign policy which is not as alienating as the Chinese version but still bad. It was amusing to see several western European countries struggle with trying to hijack the World Cup in Qatar for a totally irrelevant moral message. Because while they all have very loud and very annoying activists at home, most of the politicians obviously understand that they need the good will of Qatar, especially now. The scourge of NGOs is backfiring hard. Even now there are regular protests by anti-nuclear climate activists that want to axe the entire fossil fuel industry, on top of the EU 2030 climate plan. At some point all this will collide with very real national interests.
The strategic failures of Europe in terms of energy security are now laid bare for all to see. They were misinformed, misled and deceived themselves into a sense of security.
Excellent. Usually, Europeans make geopolitical mistakes and the US ends up bailing them out. Not this time though. At least until the Biden clan reverses its EPA stronghold on liquids producers here, which is unlikely. On the Russia-China-India thingy, sounds like the Primakov Doctrine is back. However, since Aleksandr Dugin has written Putin’s script in 1997, if it still holds, Russia and China are enemies at heart in their quest for Eurasian dominance. The recent China-Gulf agreement is the first large rug that Xi pulled under Vlad. And another boggy mistake by Biden. No surprise though. Obama was the first to trash the Truman Doctrine. See yours truly, FranckPrissert.com
Great post! Where could one read about or gain a better understanding of who are the key players in the EU energy market, how does the whole market work? for example you mention in your post suppliers will take their "gas" elsewhere...who are these players?
Last I checked 'caps' inevitably create a decline in production.....shocker....
I think one has to separate Europe and North America when talking about the west in this regard. The point about India is not that relevant for the US and their relations are improving because of Chinese foreign policy. India has a long way to go in terms of lifting its people out of poverty, and they will be damned to accept higher energy prices because of some geopolitical conflict they are not involved in. Rightly so.
Moreover the Europeans have their own style of botched foreign policy which is not as alienating as the Chinese version but still bad. It was amusing to see several western European countries struggle with trying to hijack the World Cup in Qatar for a totally irrelevant moral message. Because while they all have very loud and very annoying activists at home, most of the politicians obviously understand that they need the good will of Qatar, especially now. The scourge of NGOs is backfiring hard. Even now there are regular protests by anti-nuclear climate activists that want to axe the entire fossil fuel industry, on top of the EU 2030 climate plan. At some point all this will collide with very real national interests.
The strategic failures of Europe in terms of energy security are now laid bare for all to see. They were misinformed, misled and deceived themselves into a sense of security.
Excellent. Usually, Europeans make geopolitical mistakes and the US ends up bailing them out. Not this time though. At least until the Biden clan reverses its EPA stronghold on liquids producers here, which is unlikely. On the Russia-China-India thingy, sounds like the Primakov Doctrine is back. However, since Aleksandr Dugin has written Putin’s script in 1997, if it still holds, Russia and China are enemies at heart in their quest for Eurasian dominance. The recent China-Gulf agreement is the first large rug that Xi pulled under Vlad. And another boggy mistake by Biden. No surprise though. Obama was the first to trash the Truman Doctrine. See yours truly, FranckPrissert.com
Great post! Where could one read about or gain a better understanding of who are the key players in the EU energy market, how does the whole market work? for example you mention in your post suppliers will take their "gas" elsewhere...who are these players?