Virtue sanctioning is expensive, and blaming Norway is absurd
Tom KirkmanIndependent Project Manager
The costly intersection of “willing seller, willing buyer” and sanctions.
Some politicians don’t seem to grasp the consequences of their own energy policies.
Blaming *Norway* now? Norway, which is supplying increased amounts of gas, at EU request?
*Virtue Sanctioning* is expensive.
Sanctioning energy forces the cost of energy to go up.
Any political leader who pretends not to know this simple economic truth, should probably not be in charge of their country’s economy.
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“One by one European countries have cut energy ties with Russia, but often at a significant cost, and inter-EU rifts are beginning to show as the inevitable consequence of higher prices are felt. At the same time, Norway as western Europe’s largest oil and gas producer is reaping the profits windfall.
Polish Prime Minister Mateusz Morawiecki has taken the unusual step of urging for Norway to share its “gigantic” profits made as a result of soaring oil and gas prices, posing during a Sunday Q&A at a political youth forum, “But should we be paying Norway gigantic money for gas — four or five times more than we paid a year ago?” He then asserted in the negative, “This is sick.”
“They should share these excess profits. It’s not normal, it’s unjust. This is an indirect preying on the war started by Putin,” the Polish leader stressed.
That’s when he presented the controversial ‘solution’, saying: “Write to your young friends in Norway…They should share it, not necessarily with Poland [but] for Ukraine, for those most affected by this war. Isn’t that normal?” …