But (24/02/22 09:46:58)
https://en.wikipedia.org/wiki/Le_Chatelier%27s_principle "Le Chatelier's principle describes the qualitative behavior of systems where there is an externally induced, instantaneous change in one parameter of a system; it states that a behavioral shift occurs in the system so as to oppose (partly cancel) the parameter change. The duration of adjustment depends on the strength of the negative feedback to the initial shock. ... The principle has analogs throughout the entire physical world. ..." It will be interesting to see how much the invasion of Ukraine will affect energy policies, as fossil energy exports is the main source of income for the Russian system. How much will the sactions accelerate Europe's transition away from fossil energy? |
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