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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (1568227)10/27/2025 2:53:51 PM
From: rdkflorida22 Recommendations

Recommended By
Eric
Wharf Rat

  Read Replies (1) | Respond to of 1569823
 
Russia is going to implode. They cannot win in Ukraine. There are at least 10K radical Islamist on their southern border. China is not a friend to Russia, they have already taken over one or two islands in the far east. Add the resistance within Russia is just getting going and it is easy to see the chaos that is coming. Putin's navy is a hollow shell. He does not have enough troops to handle all the problems he is facing. It's just a matter of time. Russia is going to implode.



To: Wharf Rat who wrote (1568227)10/27/2025 3:50:37 PM
From: Tenchusatsu2 Recommendations

Recommended By
Eric
pocotrader

  Read Replies (2) | Respond to of 1569823
 
Wharfie, you might like this. I never thought I'd see the day ...

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Russia’s Coal Collapse Marks The End Of Fossil Fuels’ Post-War Illusion (Forbes)

Russia’s coal collapse marks the breaking point of the fossil era. With thermal-coal prices down nearly 80 percent from their 2022 peak and over half of Russia’s producers now losing money, Moscow’s lifeline industry is imploding — even as renewables, batteries, and storage become the fastest-growing assets in the world economy.

According to the Financial Times, the sector lost Rbs 225 billion (˜ US$2.8 billion) in the first seven months of 2025 — more than double 2024’s total losses — as exports vanished and subsidies fail. Twenty-three coal companies — about 13 percent of the national total — have already shut down, and another 53 are at risk of closing. Once Russia’s fourth-largest export, coal has become its worst-performing industry in more than 30 years.

President Putin himself has admitted that “coal producers are having a tough time.”
The reason is brutally simple: logistics costs have soared — rising from 50 to almost 90 percent of the coal’s final price — while discounts to Asia remain steep, sometimes forcing producers to export at a loss merely to secure foreign currency and protect mining-region jobs.

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Although the article smacks of bias, I don't think the objective figures are fake. Demand for coal has been falling, and no one has found a way to make coal economically viable like it used to be.

Maybe if the global supply of oil and natural gas suddenly dried up, coal might once again gain favor. But all RuZZians can do now with their coal is to just burn it in their own homes. Or maybe they can Make Steam Engines Great Again. Who knows?

Tenchusatsu