A global recession is on the horizon - please read OP for mod warning

All the energy experts say at least 5 years to get any gas. The only person who disputes that is you - what are your credentials again?

As for your list of solutions, most are not really workable.

Tax cuts - great. Where do we get the money from to pay for these cuts in tax take? Business supports similar to covid, hmm, because they worked so well and definitely didnt cause inflation. Diversification of suppliers is ongoing, but no matter what way you look at it, without Russian gas in the market, the price of gas is going to stay very very high. Most gas producing countries (and oil producers) cannot produce anywhere near enough to make up for the shortfall since russia is excluded from market (at least for EU it is).

Electric cars makes the energy crisis worse - hydrogen is as of yet unworkable (no grid scale storage yet, poor round-trip efficiency from electrolysis and other storage methods, gas infrastructure cannot support pure hydrogen due to leakage etc etc). Also adding renewables to grid also compounds the issue, because for every renewable generator you need a backup, which is going to be gas turbine. Unless emissions regulation are unwound AND polish and german coal mines reopen, there really is no alternative for power backup.

We are looking at a lost decade in Europe, due to energy insecurity and inflation or stagflation. That is the reality. No amount of fracking could save the next 5 years at least. This crisis has been building up for decades really with poor energy policy, the time to act was a decade ago. The best we can do now is plan for the 2030s.

Have you heard them, they must live on another planet 😂😂

Well all I can say is if a new fracking site was set up in Ireland, being the first of its kind and knowing the controversy that would follow, its planning licence would be governed by the EPA not the local county council. They would require extremely tight and stringent borehole testing and sampling of the local area even at green field stage so they have a control sample and estimation of ground water quality and flow directions.

Start fracting and permanently crack the bed rock under neath and effectively create a underground karst like rock, ground water flow direction, depth would be greatly affected which alone would put it out of spec with the EPA stringent conditions, and like I said any slight contamination in this case would leave the ground water extremely exposed.

Overall the reason I cannot see it ever going ahead here is purely down to the stringent EPA licencing in this country. There is a big difference in the permits and licencing for fracking projects in the US, purely down to them being governed by the US state that it is in and some may have lax limits and conditions.

Murica appears bullish almost, despite the fed. They obviously do not believe the fed. They expect the fed to reduce the level of rate hikes at least by 2023.

Seems like we've been polluting a lot of our water supplies. Waterford CC even putting chlorine in a river. So, we'd want to grow up and show that we can protect what is essential to life, before we'd even consider fracking.

I think a lot of our problems are because we outsource everything and take no responsibility for ourselves as a country. We are always looking to blame someone or something.

Gas down 47% from the peak and only 17% more than the peak in December 2021 (although that was only a quick peak and fast drop) and gas being decoupled from electricity prices should start to bring prices down. But as with life, prices are far quicker to rise than they are to fall.

What countries are forcasting a recession? I know the UK has.

ECB to start shrinking its balance sheet in October. Italian yields really ratcheting up.

https://www.ft.com/content/e21a6515-880b-4754-9665-fb79ac24b4de

" There is no time to wait " sounds like it will take a bit more time to get agreement. Maybe just me, but it might of been a good idea in March to come up with a back up plan just in case Russia responded to the hundred's of sanctions that were imposed on them, instead of running around like headless chickens in September.

Was a risk assessment carried out on the possible effects on the European economy and citizens lives if Russia responded with just 1 counter sanction ? If not why not, or did they just happily follow the US blindly without even thinking of the possible consequences.

Why are people more concerned about how Russia and it's people will be affected more than their own, i could never quite understand that way of thinking, because surely leaders of countries first priority is to protect it's own people first.