Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil.
Oil and gas revenues are vital sources of revenue, accounting for between a third and half of Russia's federal budget over the last decade.
In particular, these revenues play a key role in helping Putin to finance his war in Ukraine.
The war costs Putin over £262 million a day, according to a report published last year.
That figure seems only likely to increase, with Putin having allocated £117 billion for defence spending in 2025 - an increase of 25% last year.
Is has been known for last decade that Russia is massively defendant on the income from oil and gas. What I did not anticipate, was that China and India would follow the rub, although fossil fuel imports.
Part of me is not surprise as I discovered during my PH D work 2000, or a one metre row of gas or oil burners only releases 45 kW of heat.
2018 my personal contact verified that a 30x1.5cm non pressurise steam plasma release a constant 1 MW of heat. As the plasma did A plasma burn on the water molecules, resulting in just heat light and X rays.
1 H₂O+PL→E²+L+X-ray
A steam turbine turn in 1 MW of heat into ½ MW of three phase mains AC current. Burning oil and gas was just so economically stupid.
You can use a high voltage electronics from old fluorescent light to fire up the plasma, and get a carbon zero heat. 80 times more than burning fossil fuels. Totally carbon free.
Rush year and India wishes to her displeasure to Russia, as flu since expansion plans would obviously involve invading they had to neighbouring countries. On a massive land grab!
No comments:
Post a Comment