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By Richard Fernandez

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Russia calls a halt

August 12, 2008 - 4:11 am - by Richard Fernandez
Joseph Somsel
2008-08-12 07:38:23

One spinoff of this little war will be a major expansion of civilian nuclear power in Europe and elsewhere. Germany will especially want to get busy since their wind power investments are clearly misplaced and continued dependence on Gazprom can be fatal.

Likewise, California MUST turn away from their intended dependence on Russian LNG to be landed in Mexico. The state denied the Australians a permit to build a terminal off Malibu leaving only the Russian gas flow to fuel future electric generation in the state.

One could almost suspect a Russian hand in blocking nuclear and coal development and encouraging the dead-end technologies of wind and solar.