Russian President Vladimir Putin invaded Ukraine in February Shortly after, Prime Minister Justin Trudeau predicted that it would be the driving force behind accelerating the world's move to replace fossil fuel energy with green energy.
"The world's determination to reduce Russia's dependence on oil and gas It heightens the urgency to transform the 2020s," he said.
Trudeau was not alone.
Green He was saying the same thing to European leaders who abandoned the need for citizens' energy security in favor of energy.
Following Putin's invasion of Ukraine, the European Union doubled his reliance on wind and solar power to meet 45% of his energy needs by 2030. I pledged to do more.
Germany announced plans.
The problem is that it is all dependent on President Putin, who, despite the war, continues to supply Europe with his 40% of natural gas. We were undergoing a major reset from coal to wind and solar energy.
Less than six months later, reality set in when President Putin slashed Russian natural gas exports to Europe. To find a supply of natural gas while the cost of gas is skyrocketing, we need to ensure we have enough stockpiles to get us through this winter.
Bloomberg News this week plans a "reasonable worst-case scenario" in which the UK imposes four "systematic blackouts" in January in the face of natural gas supply shortages. Although it claims it's far — it's unlikely to happen.
The United Kingdom and Germany, like much of Europe, have invested in coal (the most are burning.
Germany is considering extending the life of its three remaining nuclear power plants after previously promising to shut them down by the end of this year.
This was followed by then-German Chancellor Angela Merkel's catastrophic plan to phase out all nuclear power in Germany following the 2011 Fukushima nuclear meltdown in Japan. It was the final chapter of the "Energy Transition" (Energy Transition) Pledge.
Merkel's decision was that (a) nuclear power does not emit greenhouse gases, and (b) the Fukushima meltdown was caused by a combination of unrelated earthquakes and tsunamis in Germany. It didn't make sense given the green energy policy.
Canada's Deputy Prime Minister Chrystia Freeland has advocated a rapid shift from fossil fuels to green energy as an "insurance policy against rising energy prices." This is the exact opposite of what Canadian government policy is actually doing. She is helping Canada supply Europe with liquefied natural gas (LNG) to make up for Putin's supply cuts.
However, Canada lacks the infrastructure to deliver the landlocked natural gas resources of Alberta and Saskatchewan to low tide and from there to global markets. It will take years.
All we can do is sell it further to the United States at a deep discount and leave it to the Americans to transport it on tankers to Europe.
What happened in Europe really warns Canadians about the risks of ignoring energy security and pursuing green energy. pay attention to it.
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