Chris Giles wrote in the Financial Times last Wednesday on how Europe could withstand a Russian cutoff of natural gas deliveries this winter.1 Basically, it requires product substitution (products requiring lots of natural gas in their production should be made elsewhere), more coal needs to be used for power in the short run, Germany needs to not shut down their three remaining nuclear power plants, etc. Starting in January, ships that can liquify liquid natural gas (LNG) for Germany will go online.
Which got me thinking: What are we doing to help out in this situation? If LNG can help, what are we doing to increase our exports of LNG? Obviously, we should have already been doing things like this, but it’s not too late to start now. We just need to hurry. We need to not get caught up in permitting delays and environmentalist objections. This is a war. We need to do what is necessary to win it. It won’t take that long. Maybe a year or two. We can still meet our environmental goals. But right now, we need to not let Vladimir Putin get away with blackmail and intimidation – and war.2
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1 Chris Giles. “Europe can withstand a winter recession,” Financial Times, August 10, 2022. (Behind the FT paywall.)
2 In any case, anybody who thinks Vladimir Putin cares about climate change is silly.
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