Showing posts with label industrial revolution. Show all posts
Showing posts with label industrial revolution. Show all posts

Monday, July 25, 2022

Europe challenge with Energy 2022

 Russia's invasion of Ukraine started by February 2022. Global response to this war crime was heavy sanctions against Russia's money and baking system that fully paralyzed Russia's economy.

Russia used oil and gas as a political and economical leverage for returning back to the global economy and global community.

The thing that made Europe stands against Russia's policy and support Ukraine and this become a big challenge for Europe to supply energy resources.

European countries now faced energy sanctions by Russia that will impacts their industries and economic sectors for next 5 years. European countries challenge for this purpose is two things! One: Accepting Russia's policy and be silent about Ukraine or make an industrial revolution in energy resources and use electricity power and electric cars.

This is a big economical challenge and a big revolution!