• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Monday, March 20, 2023
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
TFIGlobal
No Result
View All Result

Greece says NO to EU’s bullying, starts unprecedented tapping of its coal reserves

Vikrant Thardak by Vikrant Thardak
June 18, 2022
in Europe, Russia
Reading Time: 3 mins read
0
Greece energy
314
VIEWS
Share on FacebookShare on Twitter

Thanks to fossil fuels, Europe is still standing on its feet even as Russia’s energy war gets dramatically accelerated. Europe was already reeling under its own energy embargo on Russian energy when Vladimir Putin thought of spicing up things by adding more to it—Shutting down gas supplies to most European nations for “repair works.”

Greece has second thoughts over green energy transition

But it looks like it came as a blessing for Greece. Like any other nation on the planet, Greece was also arm twisted by the big guns of EU and US to shift to green energy and bury its fossil fuels once and for all. Thanks to these efforts, coal consumption by EU nations fell 60% in the last 30 years, and the trend accelerated especially after 2018. But Greece has already started to have second thoughts, where the administration has no choice left but to shift back to fossils.

Also Read

Allies: Canada betrays Europe

“An Arrest warrant that is nothing but a toilet paper”

At largest coal mine of Greece, coal production has again become rampant. Associated Press reported that controlled explosions and the roar of giant excavators scooping up blasted rock have once again become routine at the site near the northern Greek city of Kozani. Data shows that electricity generated by coal jumped by 19% in the fourth quarter of 2021. Acknowledging the need to chow down on its untapped fossil reserves, Greece’s message to EU is simple: ‘Coal is well.’

‘Coal is well’

Importantly, Russia provided 46% of Europe’s coal imports last year. So, without Russian coal, it’s arduous for Europe to make ends meet. But for Greece, that became an immediate reason for showing a middle finger to EU’s green police. For decades, the country relied on the domestic mining of lignite, a low-quality and high-emission type of coal but was recently forced to shift to green resources. But now, the Greek Prime Minister is making it a point to walk back the transition route.

Greek PM tells Turkey to halt 'aggressive posturing' | The Times of Israel
Source- The Times of Israel

In April, Prime Minister Kyriakos Mitsotakis justified his decision by saying, “Not only Greece but all European countries are making minor amendments to their energy transition programs with short-term ‒ and I stress short-term ‒ measures.” And the EU has no options left on the table than to simply accept the new reality. Elif Gunduzyeli, a senior energy policy coordinator at Climate Action Network Europe, said that “Attempting to feel secure in terms of not getting cold next winter, that’s understandable.”

Greek economy gets a new life

Moreover, Greece’s power workers’ union is also ebulliently receiving the shift. The mine at Kozani now employs 1,500 workers. The union now wants the government to give coal a longer lease of life, instead of using gas imports that are now more expensive. Associated Press reported, “The union wants to extend the life of modern coal-fired plants by about five years, through 2035, and even increase its share of electricity generation from currently less than 15% to about 25%.”

Read More: Erdogan can start a war with Greece to postpone the Turkish elections

Principles that underpin peace, security across world are at stake, cautions EU chief
Source- Firstpost

You see, Europe is finally getting to realize one thing as a result of the Ukraine war, fossil fuel is the only reliable source of energy in times of crisis, and its complete abandonment is foolish and also impractical. Fossil fuels are the only reason why Europe is still able to power its industries and homes. Greece’s unprecedented coal production has thus come across as a life-saver panacea for the embattled region.

TFI Global is launching a brand-new channel for Canada. JT is bound to be upset but you can always rub salt into his wounds by clicking the subscribe button:

TFIGlobal – Canada-A channel dedicated to the Great White North.
Tags: coalEuropeGreeceShort takes
ShareTweetSend
Previous Post

Biden wanted Baltic countries to be USA’s alliance partner, Estonia opted to become Russia’s smuggling partner  

Next Post

Hong Kong is not dead yet. It’s showing signs of rebellion against the CCP

Also Read

China hawk policy

Baerbock emerges victorious in her fight against Olaf Scholz

March 20, 2023
MIR Payment system

Russia’s MIR Payment system turns US’ CATSA threats into a pathetic joke

March 20, 2023
Le Penn has emerged as an all-round failure in the Ukraine crisis

Le Penn has emerged as an all-round failure in the Ukraine crisis

March 20, 2023
Syria joins the Ukraine War

Syria joins the Ukraine War

March 19, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
The mysterious death of Shermans has Justin Trudeau written all over it

The mysterious death of Shermans has Justin Trudeau written all over it

March 14, 2023
Africa kicks dollar to the curb

Africa kicks dollar to the curb

March 14, 2023
Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

May 9, 2022
Was Justin Trudeau’s younger brother, Michel Trudeau killed?

Was Justin Trudeau’s younger brother, Michel Trudeau killed?

March 12, 2023
Ukraine is building wind turbines for Russia

Ukraine is building wind turbines for Russia

March 12, 2023
Remove restrictions and pay up”, Orban’s warning to EU elites

Remove restrictions and pay up”, Orban’s warning to EU elites

March 20, 2023
Guns United states

Guns are trafficked from the USA into Latin America, but not anymore!

March 20, 2023
South America in Flames: Guyana and Suriname Fiery Border Dispute

South America in Flames: Guyana and Suriname Fiery Border Dispute

March 20, 2023
China hawk policy

Baerbock emerges victorious in her fight against Olaf Scholz

March 20, 2023
Allies: Canada betrays Europe

Allies: Canada betrays Europe

March 20, 2023
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2023 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

©2023 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.