Have Russia reawoken the EU industrial giant? I am seeing reports of coal power plants and gas fields being reopened.
The germans shut off multiple nuclear reactors over the last couple of years and now they have to power up coal powered plants to meet the demand 🤡 I hope we see a huge push for nuclear energy all over Europe over the next 5-10 years
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I cant help but think that people in power like to do whats wrong because in their mind there is no point in having power over others just to do whats right. So not expecting a push for nuclear energy any time soon unless a significant adversary presents itself that threatens the power of EU. And then it might be too late, but lets see.
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My bet is on renewables going brrrrr in the next 10y.
And Bitcoin making them insanely more profitable only reinforces my belief in this.
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Can we talk about renewables? Because technically oil and gas is renewable is just takes a few hundred years to form :) But gas and oil are quite natural substances and 90%+ of oil spills are broken down by bacteria and quite fast too
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a few hundred years to form
A few million years, by natural means.
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Likely not, in Germany.
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