Big Oil Conspiring to Use Ukraine to Overthrow Green Revolution – Has Risen to That?

Guest essay by Eric Worrall

h / t observer; The Guardian and others remain in denial about the potential for major damage to Europe’s energy security.

Fossil fuel companies are trying to exploit this war for profit. We can’t let them

Jamie Henni
Saturday, February 26, 2022 22.29 AEDT

Without fossil fuels and Europe’s reliance on it, Putin wouldn’t have as much power. We need clean energy right now, but big oil has other plans

Never letting a good crisis go to waste, the fossil fuel industry and its allies have been on the air for the past few days trying to use Russia’s invasion Ukraine as an excuse for greater oil and gas development.

It’s the classic shock doctrine we’ve come to expect from big oil, and unless our politicians are wise enough to see through it, it’s a strategy that will continue to undermine our ability to our actions on climate change over the next decade.

The fossil fuel industry’s effort to exploit this particular crisis is all the more galloping because of the central role they played in causing it. Putin’s ability to go to war in Ukraine and threaten the stability of Europe stems entirely from his control over Russian oil and gas production. 40% of Russia’s federal budget comes from oil and gas, accounting for 60% of the country’s export turnover. This October, Russia has earned more 500 million dollars a day from fossil fuelsmoney that directly funds Putin’s war machine.

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“Sanctions should be as targeted as possible to limit possible harm to the competitiveness of US companies,” a spokesperson for the American Petroleum Institute said. said recently. The companies he’s talking about aren’t your Main Street parent company: they’re the richest oil corporations on the planet.

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If the Biden administration wants to help, it will launch a green Marshall plan to help build renewable energy in Europe and around the world. Expanding production of clean energy technologies, rather than fossil fuels, will help counter the influence of the major oil and gas nations, as well as address a growing climate emergency.

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Read more: https://www.theguardian.com/commentisfree/2022/feb/26/big-oil-ukraine-russia-putin

I accept that some fossil fuel companies have helped build Putin’s fortune, but investing in Russia is not a crime, at least until a few days ago. Now, these fossil fuel companies are likely to have their assets confiscated by Russia’s dictatorship – a painful learning experience for anyone considering investing in such places in the future.

But the Guardian’s push for the “Green Marshall Plan” shows that it still does not face the risk of causing Europe’s energy security crisis.

The only reason why Europe is facing an energy crisis is green as The Guardian convinced European politicians to favor renewable energy, renewable energy has completely failed. in providing.

Europe’s continued high-risk reliance on Russian gas imports, despite billions of dollars in investment in wind and solar power, is compelling evidence that renewables are irreplaceable. fossil fuel alternative.

The Guardian has repeatedly published absurd claims that Renewable energy is or will soon be the cheapest option. Why do people need the “Green Marshall Plan” to embrace the cheaper option? People will flock to the cheapest option of their free will.

Dear Guardian authors, grow up, grow a pair and admit you were wrong about renewables. James Lovelock had the balls to admit he was wrong about climate change. You should follow his example, before your technically challenging fantasies cause more damage.