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EU rushes out $300 billion roadmap to
ditch Russian energy

Original Article

Posted By: Ribicon, 5/18/2022 10:40:03 PM

Brussels—The European Union’s executive arm moved Wednesday to jump-start plans for the 27-nation bloc to abandon Russian energy amid the Kremlin’s war in Ukraine, proposing a nearly 300 billion-euro ($315 billion) package that includes more efficient use of fuels and faster rollout of renewable power. The European Commission’s investment initiative is meant to help the 27 EU countries start weaning themselves off Russian fossil fuels this year. The goal is to deprive Russia, the EU’s main supplier of oil, natural gas and coal, of tens of billions in revenue and strengthen EU climate policies. “We are taking our ambition to yet another level

Comments:

No word yet about how the US taxpayers need to fund this for The Greater Good, but surely that commitment has already been made on our behalf. The price tag seems on the low side, given that USA has just handed just shy of 13% of that amount to Ukraine just to pay their current bills, plus a modest kickback for our politicians.

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Reply 1 - Posted by: MDConservative 5/18/2022 10:59:34 PM (No. 1159534)
How many windmills will that buy? It just isn’t that easy.
8 people like this.

Reply 2 - Posted by: Mofongo 5/18/2022 11:19:10 PM (No. 1159544)
Doing their best to make Mad King Ludwig of Bavaria look sane.
14 people like this.

Reply 3 - Posted by: SweetPea3 5/18/2022 11:38:00 PM (No. 1159554)
Now, if Trump were still in office, they'd be buying from us.
13 people like this.

Reply 4 - Posted by: DVC 5/19/2022 12:11:36 AM (No. 1159565)
Fast implimentation of renewables. And continuing to shut down nuclear power plants. Delusional. Delusions are easy when you are wasting other people's money by the trainload on stupid, unworkable greenie weenie envirowhacko ideas.
16 people like this.

Reply 5 - Posted by: GoodDeal 5/19/2022 12:59:55 AM (No. 1159585)
Chinese solar panels and Danish windmill turbines. Perfect, what could go wrong. You can't go green without gas and oil, sorry to say.
8 people like this.

Reply 6 - Posted by: smokincol 5/19/2022 2:17:48 AM (No. 1159605)
and ...... I'm guessing that "roadmap" does not include using energy delivered from the United States - hey, what are allies for?
5 people like this.

Reply 7 - Posted by: Hermit_Crab 5/19/2022 4:08:41 AM (No. 1159626)
No, #6, but have no doubt that Joebama and the crooks in the House and Senate will be glad to send them US Taxpayer dollars to pay for it.
7 people like this.

Reply 8 - Posted by: Trigger2 5/19/2022 4:56:38 AM (No. 1159636)
And exactly how much is Joey going to pay the EU for that $300B bill? Is Congress already notified to pass more spending or was it already done under some other bill?
5 people like this.

Reply 9 - Posted by: SkeezerMcGee 5/19/2022 8:02:47 AM (No. 1159748)
This naïve feel-good plan - based on irrational ginned up hatred of fossil fuels - will result in insufficient energy for transportation, and for residences, businesses, manufacturing, educational institutions, hospitals, government buildings, military, etc. as they are not planning to concurrently increase their availability of and to fossil fuels. It's probability already too late.
5 people like this.

Reply 10 - Posted by: bigfatslob 5/19/2022 9:24:44 AM (No. 1159864)
Implement more windmills now on the landscape then freeze in the dark for your efforts that'll show Mr. Putin. The world has gone stupid and mad this is so predictable.
2 people like this.

Reply 11 - Posted by: stablemoney 5/19/2022 10:24:31 AM (No. 1159937)
Green energy does nothing but add a step to all things already produced by oil and gas. EU is not abandoning Russian oil and gas, they are abandoning energy. I would short the EU.
1 person likes this.

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