The Middle East Institutes perspective on energy transition

01. März 2022

Part of that is what our ener­gy eco­sys­tem should be lin­ked to more per­ma­nent­ly now, that the­re is an ongo­ing war in the Ukrai­ne. Depen­ding on whe­re the access LNG is com­ing from that will enab­le euro­pes ener­gy tran­si­ti­on, mid term.

So how about a riskier economic future worldwide?

01. März 2022


The argu­ment made here reli­es on several fac­tors that aren’t fixed. The speed and relia­bi­li­ty of tech­no­lo­gi­cal inno­va­ti­on, that isnt able to remain just ite­ra­ti­ve (the per­son in the video is tal­king about it as if it were fixed, or ite­ra­ti­ve).. The argu­ment that peo­p­les cul­tures and housing needs can be made more fle­xi­ble. The argu­ment, that moving peop­le into rural are­as whe­re housing is less in demand to some extend also is good for the envi­ron­ment (urba­niz­a­ti­on usual­ly is kee­ping ener­gy usa­ge low). And the argu­ment that crea­ting tho­se shifts crea­tes “eco­no­mic oppor­tu­ni­ty for ever­yo­ne” (who cant in princip­le rely on (non ite­ra­ti­ve) tech­no­lo­gi­cal advan­ce­ment), and not just ear­ly inves­tors (with lar­ger bund­les of cash in the game).
So to craft a cohe­rent pic­tu­re out of this - one more aspect is added. “Work will be scar­ce in the future.” So hig­her mini­mal wages are paramount.

Not in my generation.

This is how you down­play a lost genera­ti­on as part of a big­ger picture.

Dont worry, you could always dri­ve peop­le into sel­ling others che­a­per forms of housing, or con­sump­ti­on reduc­tion - thats what my genera­ti­on is get­ting paid for. Thats what jour­na­lism part­ly is get­ting payed for (crea­ti­on of that part of jour­na­lism to beco­me a dai­ly seg­ment, while the eco­no­mic deve­lo­p­ment in tho­se sec­tors isn’t that advan­ced yet - may­be, becau­se com­pa­ra­tively jour­na­lism always is and was easy to finance).

So I’ll end with the ARTE con­cept of, euro­pe could be such a nice and cosy place, with con­sump­ti­on reduc­tion, cheap housing, when Boo­mers are gone (still, thats also not just plain sai­ling…), and may­be in a genera­ti­on or two, the free ener­gy infra­st­ruc­tu­re we are buil­ding up will be enough to estab­lish base growth again.

So long, and thanks for all the fish.

The Moscow Times supports suspending KYC

28. Februar 2022

and brain­drain initiatives.

Fore­mo­st, they [“bet­ter” inter­na­tio­nal sanc­tions] would block the ruling eli­te while gran­ting ordi­na­ry Rus­si­ans expe­di­ted visas and even refu­gee sta­tus with the right to live and work in eco­no­mi­c­al­ly deve­lo­ped coun­tries. They would pro­vi­de sup­port for the relo­ca­ti­on of entre­pre­neurs and spe­cia­lists, enab­ling hund­reds of thousands of high­ly skil­led and edu­ca­ted Rus­si­ans to lea­ve and stop paying taxes to this government.

What if Ein­stein and other Ger­ma­ny phy­si­cists had been pre­ven­ted from lea­ving Ger­ma­ny? Which coun­try would have built the ato­mic bomb in 1945?

The same princip­le app­lies to capi­tal. Only about 100,000 fami­lies in Rus­sia have savings of more than $1 mil­li­on. More peop­le than that atten­ded ral­lies in sup­port of oppo­si­ti­on lea­der Ale­xei Naval­ny. The­se wealt­hy indi­vi­du­als are most­ly staunch sup­por­ters of peace and good-neighborly rela­ti­ons bet­ween sta­tes. After all, their hol­dings depend on unrestric­ted air tra­vel and free­dom to coope­ra­te across bor­ders. Now, the owners of the­se Rus­si­an bank accounts are trans­fer­ring their wealth abroad en mas­se and with­drawing cash in for­eign cur­ren­cy, ther­eby demons­tra­ting their fears and their desi­re to with­draw their capi­tal befo­re the Rus­si­an aut­ho­ri­ties gain con­trol over it. Under no cir­cum­s­tan­ces should the West restrict this capi­tal flow: other­wi­se, that $100 bil­li­on in assets would remain at the Kremlin’s disposal. 

Wes­tern coun­tries should faci­li­ta­te this capi­tal flight by tem­pora­ri­ly sus­pen­ding the prac­ti­ce of KYC (know your cli­ent). Of cour­se, ever­yo­ne trans­fer­ring funds would do so knowing that they would have to go through this pro­ce­du­re later and pro­ve that the money was acqui­red legally.

Oh, and they like this:

If the EU and NATO real­ly want to stop the aggres­sor and pro­tect them­sel­ves from con­ti­nued aggres­si­on, they can and should risk impo­sing signi­fi­cant restric­tions on deli­vering pay­ment for Rus­si­an oil and gas. Spe­ci­fi­cal­ly, the West could trans­fer pay­ments to spe­cial accounts from which Rus­sia could only draw to pay for a limi­ted ran­ge of impor­ted goods. It could also limit the purcha­se pri­ce for Rus­si­an oil and gas by intro­du­cing a high excise tax; this would signi­fi­cant­ly redu­ce the flow of petro­dol­lars to Rus­sia, even from coun­tries that have yet to join the sanctions.

src: click

edit: Thats from an opi­ni­on pie­ce, not edi­to­ri­al, but in times like these…

Uff…

27. Februar 2022

In einem bemer­kens­wer­ten Inter­view mit der Nach­rich­ten­agen­tur AP sag­te Kiews Bür­ger­meis­ter Vita­li Klitsch­ko heu­te, dass die Haupt­stadt von rus­si­schen Trup­pen umzin­gelt sei, und kei­ne Eva­ku­ie­run­gen mehr mög­lich seien.

src: click

We are at the bor­der of a huma­ni­ta­ri­an cata­stro­phe,” he said. “Right now, we have electri­ci­ty, right now we have water and hea­ting in our houses. But the infra­st­ruc­tu­re is des­troy­ed to deli­ver the food and medication.”

Ori­gi­nal src: click

edit: Vor vier Minuten:

Schweiz will EU bei Russland-Sanktionen folgen
Der Schwei­zer Bun­des­prä­si­dent Igna­zio Cas­sis sagt, es sei sehr wahr­schein­lich, dass sein Land mor­gen der EU fol­gen wer­de, Russ­land zu sank­tio­nie­ren und rus­si­sche Ver­mö­gens­wer­te ein­zu­frie­ren. Die Schweiz ist unter ande­rem ein wich­ti­ges Zen­trum bei der Finan­zie­rung von Rohstoffgeschäften.

src: click

edit2:

Klitsch­ko wider­spricht sich selbst
Vor weni­gen Stun­den noch sag­te Kiews Bür­ger­meis­ter Vita­li Klitsch­ko, die Ukrai­ni­sche Haupt­stadt sei umzin­gelt von rus­si­schen Streit­kräf­ten, des­halb sei­en auch kei­ne Eva­ku­ie­run­gen möglich.

Er dürf­te sich ver­spro­chen haben, denn der Bild sagt er, Kiew sei nicht kom­plett ein­ge­kes­selt: “Die ukrai­ni­sche Armee kämpft hart in den Außen­be­zir­ken und die rus­si­sche Armee hat vie­le Verluste.”

src: click

OT bei bild:

Kiew ist nicht kom­plett ein­ge­kes­selt! Die ukrai­ni­sche Armee kämpft hart in den Außen­be­zir­ken und die rus­si­sche Armee hat vie­le Ver­lus­te. Was die Flucht von Zivi­lis­ten angeht: Solan­ge es eine Aus­gangs­sper­re gibt, ist die­se nicht mög­lich, weil nie­mand nach drau­ßen kann.“

edit3: US Bot­schaft in der Ukrai­ne am spä­ten Sonntag:

US Embas­sy in Ukrai­ne urges Ame­ri­cans to lea­ve, warns of 30-hour wait at crow­ded bor­der crossings
From CNN’s Moham­med Taw­feeq in Lviv

The US Embas­sy in Ukrai­ne said late Sunday that the secu­ri­ty situa­ti­on throughout the coun­try “con­ti­nues to be unpre­dic­ta­ble, with acti­ve figh­t­ing insi­de many cities and other locations.”

Con­di­ti­ons may dete­rio­ra­te as mili­ta­ry attacks by Rus­sia con­ti­nue in various parts of the coun­try without any warning,” it added in a state­ment, urging Ame­ri­cans the­re to “depart now using pri­va­te­ly avail­ab­le trans­por­ta­ti­on opti­ons if it is safe to do so.”

src: click

edit4: 28.02. 9:00:

In Kiew und ande­ren Städ­ten soll­ten zudem Ver­tei­lungs­punk­te für Lebens­mit­tel ein­ge­rich­tet wer­den, teil­te das ukrai­ni­sche Minis­te­ri­um für Infra­struk­tur mit. Dem­nach wür­den auch alle Ausgangs- und Zufahrts­stra­ßen von der Ukrai­ne kon­trol­liert. Das ließ sich nicht unab­hän­gig prü­fen. Es wer­de außer­dem an der Ein­rich­tung soge­nann­ter grü­ner Kor­ri­do­re gear­bei­tet, die nach Anga­ben des Minis­te­ri­ums den Waren­ver­kehr sicher­stel­len sollen.

src: click

Man kon­trol­lie­re alle Zufahrts­stra­ßen, habe aber kei­ne grü­nen Kor­ri­do­re für den Warenverkehr.

edit5: Die Rus­sen fin­den grad auch, dass sich die Men­schen auf den Weg machen soll­ten. Am Bes­ten über die Auto­bahn Kiew-Wassilkow.

Rus­si­sches Ver­tei­di­gungs­mi­nis­te­ri­um for­dert Zivi­lis­ten zum Ver­las­sen von Kiew auf
Das rus­si­sche Ver­tei­di­gungs­mi­nis­te­ri­um rich­te­te unter­des­sen einen “Appell” an die Men­schen in Kiew, die rus­si­sche Nach­rich­ten­agen­tur RIA mel­det. Aktu­ell sei die Situa­ti­on so, dass ukrai­ni­sche Zivi­lis­tin­nen und Zivi­lis­ten Kiew unge­hin­dert ver­las­sen könn­ten. Mög­lich sei dies ent­lang der Auto­bahn Kiew-Wassilkow. “Die­se Rich­tung ist offen und sicher”, hieß es aus dem Ministerium.

src: click

Garri Kasparow, what is Putins endgame?

27. Februar 2022

The­re are things in this world…

Oh well - if it helps…

Oh but don’t fret, the ger­man Han­dels­blatt has an inter­view as well! - click

edit: Kas­parow on 02.03.2022 on Twitter:

PS To all offi­cials and media: STOP CALLING PUTINPRESIDENT’! He’s a dic­ta­tor. Words have power. He does not deser­ve a demo­cra­tic tit­le. Fuck your style gui­de. “Rus­si­an dic­ta­tor Vla­di­mir Putin”.

src: click