Monday, November 21, 2022

LNG -- Longest Contract Ever -- China Getting It Done -- November 21, 2022

With their commitment to COP27, Germany is not allowed to sign long-term LNG contracts. And that's the problem with setting deadlines. Folks think that setting a 2035-deadline for phasing out coal can always be changed. In fact, once the deadline is set, the clock starts clicking and the bureaucracies fall in line -- Germany is now forced to pay spot price for LNG.

Longest contract ever?


 Link here.

I see an analogy with Biden and Trump.

Trump did a lot of talking.

Biden is actually getting it done.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.