Russia economy meltdown as crucial sector faces 'once in 30 year crisis'
In meltdown... Again? How many times has that been since the NATO sponsored war in the ukraine?
$this->bbcode_second_pass_quote('', 'O')ne unnamed Russian businessman admitted: "The coal sector is in really deep s***."
PeakOil is You
Russian Peak
Re: Russian Peak
by theluckycountry » Tue 14 Oct 2025, 02:45:25
Ahhhh, must be true then
$this->bbcode_second_pass_quote('', 'R')ussia's war economy is teetering on the brink of meltdown as its coal industry endures a 'once in 30 year crisis', hammered by Western sanctions, surging costs and collapsing global prices. One top Russian businessman captured the despair, admitting the sector was “really deep s***."
Losses doubled to 225bIllion roubles (£2.1billion) in the first seven months of 2025, eclipsing 2024's full-year total and turning the sector - a crucial lifeline for regional jobs and budgets - into the economy's weakest link.
Dribble out of the UK this time. Just in case anyone doesn't know the score, The feckless Europeans are preparing (or at least looking like they are preparing) to invade Russia and steal the oil and Gas they desperately need. So 4 billion dollars worth of coal revenue lost... Russian EXPORTS of crude oil so far this year, $117 Billion. And then there is their Gas. Russian natural gas exports to Central Asia increased by 15% in the first eight months of 2025 compared to the same period in 2024.
Oil, and coal, and Gas, are Black Gold. So you're a Nation and have a mine full of Gold, just sitting there, and some people say, Nah, fuckoff, we don't want it. It's not like carrots, it's not going to go off, not going to rot in the ground. You can sell it next year, or in a decade, at a higher price probably. And what are these stupid English prattling on about anyway, Coal is evil isn't it? Haven't they been breaking their household budgets to get off the stuff? They should be singing praises. The UK now has the highest Electricity prices in the world, they are F U C K E D. Truly. No oil, no coal, no meaningful exports either, just a nation full of degenerate White people and millions of angry muslims looking for a handout.
Britain paying highest electricity prices in the world as net zero costs rise
$this->bbcode_second_pass_quote('', 'S')ep 30, 2025 Ed Miliband's net zero targets are facing fresh scrutiny after Britain was found to be paying the highest electricity prices in the developed world. New data published on Tuesday showed the price paid by UK industry for power was 63pc higher than in France and 27pc higher than in Germany.
https://www.facebook.com/bjornlomborg/p ... 000436566/
stry 63pc higher than France in blow to Miliband’s net zero targets
Matt Oliver
Industry Editor Matt Oliver
Related Topics
Ed Miliband, Energy industry, Cost of living crisis, Electricity bills, Net Zero
30 September 2025 2:26pm BST
Ed Miliband at the International Summit on the Future of Energy Security at Lancaster House in London
Ed Miliband, the Energy Secretary, has stressed that net zero is not to blame for soaring prices Credit: Kin Cheung/Pool via REUTERS
$this->bbcode_second_pass_quote('', '.')..It came as Cornwall Insight also warned on Tuesday that household energy bills will jump by £100 in April. The figures will increase pressure on the Energy Secretary, who has been accused of driving up electricity costs by adding green levies on to bills to fund renewables. This includes billions of pounds in subsidies for carbon capture and wind farms, which have contributed to the UK paying the highest power prices in the world. Official figures on Tuesday had previously shown Britain had the highest prices of any country in 2023 as well, but on Tuesday that data was revised to show it was second place behind Slovakia.
Then a little arse covering.
$this->bbcode_second_pass_quote('', 'B')ut Mr Miliband has argued that switching to clean energy will pay off in the long run by cutting Britain’s reliance on volatile gas prices. He has also repeatedly stressed that net zero was not to blame for soaring prices.
Go Woke, Go Broke.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
- theluckycountry
- Light Sweet Crude
- Posts: 5254
- Joined: Tue 20 Jul 2021, 18:08:48
- Location: Australia