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Tuesday, November 08, 2022

Deindustrialization 7, Other Europe, Sept-Oct News

More ecological and energy central planning to "save the planet", more degrowth and deindustrialization. Enjoy these reports.
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1. The Dirty Job of Rationing Electricity and Gas: Elements by Javier Blas
In capping prices, European governments must embark on the messy task of curbing demand.
6 September 2022
https://www.bloomberg.com/opinion/articles/2022-09-06/when-free-energy-markets-end-rationing-must-follow-elements-by-javier-blas-l7q3utrr#xj4y7vzkg

2. Metal Producers Group Warns EU Leaders "Worsening Energy Crisis" Is "Existential Threat To Our Future"
TYLER DURDEN SEP 08, 2022
https://www.zerohedge.com/commodities/metal-producers-group-warns-eu-leaders-worsening-energy-crisis-existential-threat-our

3. Europe’s non-ferrous metals producers call for emergency EU action to prevent permanent
deindustrialisation from spiralling electricity and gas prices
 (9 pages)
September 2022
https://eurometaux.eu/media/qnhn5k30/non-ferrous-metals-ceo-letter-on-energy-crisis-06-09-2022.pdf

4. Western Europe now facing “TOTAL FINANCIAL COLLAPSE” – experts and analysts urgently sound the alarm
Mike Adams September 08, 2022
https://www.naturalnews.com/2022-09-08-western-europe-now-facing-total-financial-collapse-experts-sound-alarm.html

5. Poland says no to EU energy cost measures
In an interview with Polsat TV, Poland’s climate minister said that Poland will oppose the emergency measures for reducing the use of energy proposed by European Commission President Ursula von der Leyen
POLSAT NEWS September 09, 2022
https://rmx.news/article/poland-says-no-to-eu-energy-cost-measures/

6. ECB Scrutinizes Banks' Readiness For Possible Tsunami Of Energy Company Defaults
TYLER DURDEN  SEP 09, 2022
https://www.zerohedge.com/markets/ecb-scrutinizes-banks-readiness-possible-tsunami-energy-company-defaults

7. Power Shortages Loom Over Europe
By Editorial Dept - Sep 09, 2022
https://oilprice.com/Energy/Energy-General/Power-Shortages-Loom-Over-Europe.html

8. Electricity bills an ‘atomic bomb’ for Hungarian restaurants
Restaurants are facing energy bills 10 times as high as last year as the energy crisis roils the entire EU
MANDINER September 09, 2022
https://rmx.news/hungary/electricity-bills-an-atomic-bomb-for-hungarian-restaurants/

9. EU Ministers Call For 10% Cut In Energy Consumption
Julianne Geiger - Sep 09, 2022
* EU energy ministers are calling for a 10% reduction in electricity consumption.
* According to the WSJ, the electricity rationing plan appears to have support from many member states. 
https://oilprice.com/Energy/Energy-General/EU-Ministers-Call-For-10-Cut-In-Energy-Consumption.html

10. Soaring energy costs could threaten future of electric cars, experts warn
Industry bosses in Germany say high costs are having an impact on vehicle production and sales
Kate Connolly in Berlin 12 Sep 2022
https://www.theguardian.com/environment/2022/sep/12/soaring-energy-costs-could-threaten-future-of-electric-cars-experts-warn

11. Ramping Up Renewables Can’t Provide Enough Heat Energy in Winter
Gail Tverberg September 20, 2022
https://ourfiniteworld.com/2022/09/20/ramping-up-renewables-cant-provide-enough-heat-energy-in-winter/

12. Grid Expert’s Dire Warning: “All Of Europe’s Power Supply At Risk”..30% Of Computers Could Be Destroyed
By P Gosselin on 27. September 2022
https://notrickszone.com/2022/09/27/grid-experts-dire-warning-power-supply-of-all-europe-at-risk-30-of-computers-could-be-destroyed/

13. Grid Expert’s Dire Warning: “All Of Europe’s Power Supply At Risk”..30% Of Computers Could Be Destroyed
P Gosselin on 27. September 2022
https://notrickszone.com/2022/09/27/grid-experts-dire-warning-power-supply-of-all-europe-at-risk-30-of-computers-could-be-destroyed/

14. Europe’s descent into deindustrialisation
The attack on the Nord Stream pipeline will encourage protectionism
Philip Pilkington 30 September 2022
https://www.spectator.co.uk/article/europe-s-descent-into-deindustrialisation/

15. ‘Green Energy Is Just Not There Yet,’ Says Award-Winning Reporter Eric Reguly
Karl Moore Sep 28, 2022
https://www.forbes.com/sites/karlmoore/2022/09/28/green-energy-is-just-not-there-yet-says-award-winning-reporter-eric-reguly/?sh=6ee54d79345a

16. How Europe Invited Its Energy Crisis
ANDREW STUTTAFORD September 29, 2022
https://www.nationalreview.com/magazine/2022/10/17/how-europe-invited-its-energy-crisis/

17. Shocked by gas bills, thrifty Dutch stockpile coal, wood for winter
Stephanie van den Berg September 30, 2022
https://www.reuters.com/business/energy/shocked-by-gas-bills-thrifty-dutch-stockpile-coal-wood-winter-2022-09-30/

18. Lights out: Europe's energy crisis begins to bite for clubs
Reuters Sep 30, 2022
https://www.espn.com/soccer/german-bundesliga/story/4757052/lights-out-europes-energy-crisis-begins-to-bite-for-clubs

19. Cold weather warning adds to Europe’s gloom as it battles energy crisis 
October 2, 2022
https://www.ft.com/content/918c604a-e087-4137-911d-1b7f98f4e670

20. Energy crisis: Europeans 'must lower thermostats to prepare for Russia turning off gas supplies'
Ben Turner  with AP  •  Updated: 03/10/2022
https://www.euronews.com/my-europe/2022/10/03/energy-crisis-europeans-must-lower-thermostats-to-prepare-for-russia-turning-off-gas-suppl

21. China Is Rerouting U.S. Liquefied Natural Gas to Europe at a Big Profit
Sluggish economy lets Chinese energy companies benefit from high global prices
As the West scrambles to move away from Russian energy sources and imposes sanctions on Moscow, China and India have stepped in to fill the gap. WSJ examines how those countries have boosted Russia’s revenue from oil sales, supporting its economy.
By Sha Hua. Updated Oct. 3, 2022 
https://www.wsj.com/articles/china-is-rerouting-u-s-liquefied-natural-gas-to-europe-at-a-big-profit-11664772384

22. High power prices ‘impacting EU clean energy supply chains’
Investments in solar PV and battery cell production could be mothballed unless electricity costs fall, says Rystad
4 October 2022
https://renews.biz/80895/high-power-prices-impacting-eu-clean-energy-supply-chains/

23. Gas crisis set to worsen after Europe burns through winter stocks
Essi Lehto and Kate Abnett  October 6, 2022 
https://www.reuters.com/markets/europe/europes-gas-crisis-set-deepen-after-winter-drains-reserves-2022-10-05/

24. The Saudi-Russian Oil Axis Snubs Biden With Production Cuts
Javier Blas October 6, 2022
https://www.bloomberg.com/opinion/articles/2022-10-05/the-saudi-russian-oil-axis-snubs-biden-with-oil-production-cuts

25. Rolls-Royce boss Warren East: net zero is a pain
Adam Vaughan, October 07 2022
https://www.thetimes.co.uk/article/rolls-royce-boss-warren-east-net-zero-is-a-pain-0fx7kt797

26. Maxeon closes French solar module manufacturing plant
Jules Scully. October 7, 2022
https://www.pv-tech.org/maxeon-closes-french-solar-module-manufacturing-plant/

27. Companies collapse at fastest rate since financial crisis as energy bills soar 
7 October 2022
https://www.telegraph.co.uk/business/2022/10/07/energy-blackouts-live-new-pound-markets-ftse-100-boe/

28. Desperate Europeans Return to the World’s Oldest Fuel for Warmth
‘It’s back to the old days’ as demand for firewood soars due to gas shortage
Lars Paulsson and Josefine Fokuhl  October 8, 2022
https://www.bloomberg.com/news/articles/2022-10-08/firewood-demand-is-surging-as-europeans-return-to-world-s-oldest-fuel

29. The West is on the road to energy ruin
Emmet Penney 11 October 2022
https://www.spectator.co.uk/article/western-leaders-must-share-the-blame-for-the-energy-crisis/

30. European wind industry ‘struggling’ with rising costs
October 11, 2022
https://www.ft.com/content/0e747284-64da-4690-b416-3acabaaf4943

31. Weather chief: Ukraine war may be ‘blessing’ for climate
JAMEY KEATEN October 12, 2022
https://apnews.com/article/russia-ukraine-business-united-nations-weather-ece2a951b35fe8be9a7090cd93b3a0ac

32. Energy crisis: Europe's winter woes driven by high prices
Jo Harper October 12, 2022
https://www.dw.com/en/energy-crisis-europe-faces-winters-of-discontent-with-high-prices-here-to-stay/a-63412238

33. Why Greens Love Putin
Emmet Penney October 14, 2022
https://compactmag.com/article/why-greens-love-putin

34. “Replacing Natural Gas With Hydrogen Is A Fairy Tale”…”Six Times More Electricity”
P Gosselin on 15. October 2022
https://notrickszone.com/2022/10/15/replacing-natural-gas-with-hydrogen-is-a-fairy-tale-six-times-more-electricity/

35. Europe’s self-inflicted depression
European industry has been sacrificed to green ideology
RALPH SCHOELLHAMMER. 17th October 2022
https://www.spiked-online.com/2022/10/17/europes-self-inflicted-depression/amp/

36. Blackouts may be imposed on cold weekday evenings, National Grid chief warns
The warning from the head of the National Grid follows the electricity and gas systems operator outlining unlikely scenarios when blackouts may take place this winter.
By Sarah Taaffe-Maguire, 18 October 2022 
https://news.sky.com/story/prepare-for-blackouts-on-cold-weekday-evenings-national-grid-chief-warns-12723349

37. The Quiet Desperation Of Woke Fanatics
Michael Shellenberger Oct 18, 2022
https://michaelshellenberger.substack.com/p/the-quiet-desperation-of-woke-fanatics

38. Reducing energy options doesn’t work. Just ask Europe—and the U.S. states where gas prices are rising
SCOTT TINKER. October 18, 2022
https://fortune.com/2022/10/18/reducing-energy-options-work-europeand-us-states-gas-prices-rising-scott-tinker/

39. Will the energy crisis crush European industry?
While companies are digging in for a long winter, executives and politicians fear a wave of deindustrialisation
Peggy Hollinger in London, Sarah White in Paris, Madeleine Speed in Frankfurt and Marton Dunai in Budapest OCTOBER 19 2022
https://www.ft.com/content/75ed449d-e9fd-41de-96bd-c92d316651da

40. European countries are shelling out huge sums to deal with the energy crunch. Economists fear it could spark a new financial crisis.
Jennifer Sor Oct 20, 2022
https://markets.businessinsider.com/news/bonds/europe-energy-crisis-debt-crisis-recession-risk-inflation-spending-macro-2022-10

41. Energy Crisis Poses Existential Threat To Europe’s Industry
Tsvetana Paraskova - Oct 20, 2022
https://oilprice.com/Energy/Energy-General/Energy-Crisis-Poses-Existential-Threat-To-Europes-Industry.html

42. Europe's energy crisis heaps pain on heavy industry
Bartosz Dabrowski, Olivier Sorgho and Jagoda Darlak October 25, 2022
https://www.reuters.com/business/energy/wrapup-europes-energy-crisis-heaps-pain-heavy-industry-2022-10-25/

43. The world is transitioning to fossil fuels
Global coal demand will reach a historic high in 2022
German energy giant RWE says it will phase out the burning of coal by 2030, saving 280 million metric tons of climate-changing greenhouse gas emissions. The decision announced Tuesday will accelerate the closure of some of Europe’s most polluting power plants and a vast lignite strip mine in the west of the country.
By Vijay Jayaraj - - Tuesday, October 25, 2022
https://amp.washingtontimes.com/news/2022/oct/25/the-world-is-transitioning-to-fossil-fuels/

44. Russia Ships Record Volumes of Gas and Steelmaking Coal to China
Total energy sales top $50 billion since invasion of Ukraine
Imports of refined copper from Russia doubled in September
Ailing Tan October 25, 2022
https://www.bloomberg.com/news/articles/2022-10-25/russia-ships-record-volumes-of-gas-and-steelmaking-coal-to-china#xj4y7vzkg

45. 

October 26, 2022
https://www.ft.com/content/f6d2fe70-16fb-4d81-a26a-3afb93e0bf57

46. Energy crisis risks upending Europe's key medicine supply chains - industry says
Natalie Grover. October 27, 2022
https://www.reuters.com/markets/europe/energy-crisis-risks-upending-europes-essential-medicine-supply-chains-report-2022-10-27/

47. Discontent Rises in Europe as Economic War With Russia Pushes Up Cost of Living
Governments fear protests against high energy prices could weaken public support for Ukraine
Bojan Pancevski and Noemie Bisserbe. Oct. 27, 2022
https://www.wsj.com/articles/discontent-rises-in-europe-as-economic-war-with-russia-pushes-up-cost-of-living-11666866806

48. Polish Leader Calls German Energy Policy “A Curse, Fiasco”…2/3 Of Restaurants Face Bankruptcy!
P Gosselin on 28. October 2022
https://notrickszone.com/2022/10/28/polish-leader-calls-german-energy-policy-a-curse-fiasco-2-3-of-restaurants-face-bankruptcy/

49. ‘Not using energy is the cheapest energy’, EU climate chief insists
Nikolaus J. Kurmayer | EURACTIV.com
Oct 20, 2022 (updated:  Oct 28, 2022)
https://www.euractiv.com/section/energy/news/not-using-energy-is-the-cheapest-energy-eu-climate-chief-insists/

50. US gas supplies won't be enough to fill the gaping hole Russia left in Europe
Jennifer Sor Oct 28, 2022
https://www.businessinsider.com/europe-energy-crisis-russia-gas-us-lng-blackouts-supply-shortage-2022-10?r=US&IR=T

51. UK Trapped In The Green Energy Cul-de-Sac
Francis Menton October 30, 2022
https://www.manhattancontrarian.com/blog/2022-10-30-uk-trapped-in-the-green-energy-cul-de-sac

52. Greta Thunberg throws in her lot with the anti-capitalist Left
NICHOLAS HARRIS 31 October 2022
https://unherd.com/thepost/greta-thunberg-throws-her-lot-in-with-the-anti-capitalist-left/

53. Greta Thunberg says Cop27 a ‘scam’ that provides platform for ‘greenwashing, lying and cheating’
Swedish activist says climate summits are failing humanity by not leading to major change
Saphora Smith October 31, 2022
https://www.independent.co.uk/independentpremium/world/greta-thunberg-cop27-egypt-b2214497.html
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See also:
Deindustrialization 4, Other Europe, September 11, 2022
Deindustrialization 5, Germany, August-Sept. 2022 reports, October 03, 2022
Deindustrialization 6, UK, Sept. 2022 reports, October 20, 2022.

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