Comments by "Paul Aiello" (@paul1979uk2000) on "Germany's Nuclear U-Turn Explained" video.

  1. I think many European countries will tap into the less clean energy sources like nuclear, coal and so on to fill the void for the short term and even thought it's not the cleanest of energy, it's only temporary to fill that void and come up with longer term solutions with alternative energy sources, either from the world market or generating a lot more energy back home with renewables. At the end of the day, is it that big of a deal? Yes solution will be higher but it will be only for a short space of time till they adapt. I think at the end of the day, what Russia is doing is likely going to push a lot more countries to want to become energy independence for energy security reasons, that could become a major issue for fossil producing nations long term. So my prediction is this, the Europeans will switch on more coal and nuclear plants short term, whiles buying other energy sources like oil and gas from the world market, but I think the real aim is that EU countries are going to push hard for energy independence and probably do this in a much shorter time frame then would have happened if Russia wasn't playing games. What all that basically means is that the fossil industry is profiting short term with everything going on but the higher energy prices stay, the longer term damage that will do to the fossil industry and because of everything going on, it could wipe out a decade, decade and half of the fossil industry then it would have done if the war didn't happen, that would be trillions being lost every year to those fossil producing countries. So a bit of short term pain for long term gains, well worth it if you ask me because the change over when it comes to energy was never about the tech being ready, it was the political will to do drastic changes, before all this, governments were foot dragging, now I suspect they are going to push much harder on this, especially in Europe and that can do changes that would normally take many decades to happen in much less time, so it might be painful in the short term in Europe for now, but they could become the real winners out of this because of the massive changes they have to do and with that, it's going to be very interesting to see the energy mix in the EU over the next decade because I think we're going to see a revolution in that field, great for everyone apart from the fossil producing nations which stand to lose a fortune thanks to Putin playing politics with energy and of all the regions to play those games with are the rich ones of the EU which have the resources to do drastic changes on the world market in a much shorter space of time than would normally happen. To put it another way, Putin might have actually done more than the Greens could possibly dream of achieving in getting us to all clean up our act and if the Europeans show it can be done, the rest of the world will follow, hence why all this might be really damaging to the fossil industry and at the end of the day, the biggest mistake Putin made here was to threaten the customers on energy, more so with them being rich customers, you lose trust and not with just the Europeans but from around the world when it comes to energy, but more importantly, you give them the political will to do massive changes in the energy sector, that something that would normally take 30, 40 years could now happen in 10 years.
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