Post
Topic
Board Economics
Re: LMAO: India resells Russian oil to the European Union.
by
oHnK
on 08/06/2022, 14:39:25 UTC

What is clear is that the EU cannot magically stop consuming all the oil and gas it used to buy from Russia. It can gradually reduce it as it installs more renewables, as it has been doing for years.

I think there is a lot of window-dressing going on here, and I would like to see how they approach energy policy in the medium term, not to mention the long term, as politicians are not usually capable of thinking beyond one term of office. For me the lesser evil is to install more nuclear power plants, because fossil fuels mean putting the EU in the hands of other countries, many of them dictatorships. And to make a fool of themselves as in this case.


Any sanction which is given to the Russian can't be implemented fully 100%, the fact is every countries have need each others. So, India talked about their business, although They really understand and know that what They did was wrong but it doesn't matter. They will give us a rational reason to avoid any bad impact. We know that if we talk about profit, although the country is doing war each other but the societies need money to fulfill their daily needs. Business must go on whatever is going on.