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文明のターンテーブルThe Turntable of Civilization

日本の時間、世界の時間。
The time of Japan, the time of the world

The most significant sanction against Russia is to stop the stupid Green Deal right now

2022年03月22日 11時45分02秒 | 全般

The following is from an article by Taishi Sugiyama, Senior Research Fellow at the Canon Institute for Global Studies, titled "Energy Policy in Defense of Democracy," which appeared in today's Sankei Shimbun's Sound Argument.
This paper also proves that he is one of the best minds in the world today, with a genuine intellect worthy of his Tokyo University education.
This paper is a must-read not only for the people of Japan but for people all over the world.
The emphasis in the text except for the headline is mine.
In response to Russian President Vladimir Putin's invasion of Ukraine, Europe has imposed economic sanctions. But they are bending over backward.
The mainstay of Russia's economy and finances is oil and gas exports, and stopping these exports would be a significant blow.
But so far, these are not subject to sanctions. Why? If gas supplies are cut off, Europe will be doomed as well.
Europe depends on Russia for about 40% of its gas imports. Without it, heating cannot be done. Factories will also shut down due to fuel shortages.
Europe cannot live properly without Russian gas.
The European Union is keen to decarbonize, rejecting coal and halting oil and gas development. It has even moved away from nuclear power generation.
As a result, the energy supply is now left to the "wind and Russia. Last year, the wind was weak, and Russia's dependence on gas grew dangerously high.
Seeing Europe as an easy target, Russia invaded Ukraine. Europe brought on this war, which had destroyed its own energy supply.
The U.S. is bipartisan and de-"decarbonizing."
Former U.S. Republican presidential candidate Senator Ted Cruz blames the Biden administration's self-destructive energy policy and its zeal for decarbonization for causing Russia to invade Ukraine and its hapless withdrawal from Afghanistan.
Senator Marco Rubio stated in a fiery tone, "The most significant sanction against Russia is to declare that we will stop the stupid Green Deal right now."
The U.S. is the world's largest oil and gas producer. If it were serious about supplying the world with resources, energy prices would be much lower.
However, the Biden administration has been so intent on decarbonization that it has been putting restrictions and pressure on its oil and gas companies to give up their operations and interests.
As a result, the Organization of the Petroleum Exporting Countries (OPEC) and Russia have gained control of the global oil and gas market, and prices have remained high.
Concerned about worsening inflation, the West has become increasingly reluctant to impose economic sanctions. However, Russia still earns as much as $1 billion daily from exports of oil and gas from Europe and other countries.
The U.S. ruling Democratic Party has also been facing opposition to decarbonization.
Senator Shaw Manchin, chairman of the Senate Energy and Natural Resources Committee, has said that the U.S. should "massively increase domestic oil and gas production and offer it to the free world.
The Biden administration will be pressured by bipartisan legislation in Congress to change course.
Major Policy Shift in Europe
European countries are also moving to reduce their dependence on Russian gas, import liquefied natural gas (LNG) from the United States and other countries, and increase their use of coal.
It is a fundamental change from the single-minded decarbonization policies of the past. The German government, the spearhead of the decarbonization movement, is no exception.
Chancellor Scholz has announced that the government will reconsider the decree for coal-free and nuclear-free power generation and consider the construction of LNG plants.
In the U.K., members of the ruling Conservative Party have voiced their opinion that the country should start shale gas extraction, which had been virtually banned for environmental reasons.
The U.K. has ample gas reserves. If it were developed to the level of the United States, the country would be able to supply its gas without importing it from Russia.
There is an urgent need to rethink decarbonization and utilize fossil fuel resources such as LNG, coal, and shale gas.
However, this would mean the self-denial of past policies. It is difficult to predict how quickly governments, especially those in the United Kingdom and Germany, which have been more committed to decarbonization, will be able to change course.
Decarbonization Moratorium.
In the future, Russia will be shut out of the world market. As a result, oil and gas will become scarce throughout the world, and prices will skyrocket.
Japan must not continue with the "decarbonization" and "renewable energy first" policies of the current Basic Energy Plan.
Along with the U.S. and Europe, it must end its self-defeating decarbonization policies and revive its fossil fuel industry.
We must fully utilize Coal-fired power and must restart nuclear power. 
We should resell excess gas to the rest of the world. It will prevent energy prices from skyrocketing in Japan and around the world.
In fact, this is the most significant economic sanction for Russia, which depends on energy exports for its financial resources.
It would be a blow to President Putin while saving the free world from its plight.
On the other hand, domestic factories and households face skyrocketing oil and gas prices. As a result, energy taxes and renewable energy levies need to be lowered.
We can do this by suspending high-cost policies such as support for renewable energy.
The above policy changes are not consistent with the current government goal of a 46% reduction in C0₂ emissions by 2030.
Therefore, a moratorium on decarbonization is needed.
Even if Japan does not reduce its CO₂ emissions at all during the ten years from 2020, the resulting increase in global temperatures will be only 0.005 degrees Celsius at best.
The defense of democracy is more critical.
The energy policies of the developed world, with their single-minded focus on decarbonization, have empowered dictatorships and led to the worst possible outcome: war.
In defense of democracy, countries are forced to make significant changes in their energy policies.
Japan cannot be an exception.

 


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