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Thxs for the new info! I find the Euro-Russian natgas situation fascinating. If the Euros are smart, they should do every effort to increase efficiency, insulation, conservation, etc, so that they can ssttrreettcchh this natgas benefit as much as possible to keep their economies robust enough to pay their bills. If not, I am sure the Russians can resell this fuel to another eager buyer with more cash. The best Euro benefit of all would be if this Russo energy could mostly be used to build the next paradigm, instead of just burning it for senseless reasons.
Still find it hard to believe that so many exporting countries let their citizens have fossil fuels at below market costs. This will not help prepare their people for the next paradigm; it will only lead them further into Overshoot.
Bob Shaw in Phx,Az Are Humans Smarter than Yeast?
Thank goodness for google, or I would have never had any idea what that meant. Sounds like some of that there crazy pommespeak! snicker
Why do you find that hard to believe? The West, and the US in particular, while not selling below market, has long been selling well below what the price ought to be in view of future depletion. And continues to even with recent increases.
The citizens in those countries, in many cases, are far less able to afford market. (Our citizens are able to pay with borrowed money -- second and third mortgages, in essence held by other countries.) So that's one form of spreading the wealth, maybe not the best, I agree.
Overshoot? Yes, again, I agree. For them, and for us.
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