Europe sourced 50% of its coal from Russia before the 2022 invasion; that figure is now down to zero.
Snapshot · The Rest Is Politics
Europe sourced 50% of its coal from Russia before the 2022 invasion; that figure is now down to zero.
Where this was said
At 7:10 · chapter starts 6:45
Dan Jørgensen takes the listener back to February 2022, when as Danish minister he personally oversaw emergency contingency plans to force companies to close and send uniformed personnel to enforce compliance — all to ensure Denmark had enough gas for hospitals. He stresses that Denmark was far less exposed than Germany; had Putin turned off the taps to Germany, the whole of Europe would have been in recession. [1] — Dan Jørgensen "When Putin invaded Ukraine in 2022, Denmark had emergency plans ready to force companies to close — by military escort if necessary — to co…" 06:40 He then delivers the numbers on dependency reduction: coal from Russia down from 50% to zero, oil from 27% to 3%, gas from 45% to roughly 10% — with a legislative ban on Russian gas imports now in place. Europe also uses 20% less gas than it did in 2022. The conclusion Jørgensen draws is unequivocal: the lesson of both energy shocks is that the only sustainable route out is ditching fossil fuels entirely.
Europe's dependence on Russian oil has fallen from 27% before the 2022 invasion to just 3% now.
Europe sourced 45% of its gas from Russia before 2022; that share is now around 10% and targeted to reach zero.
Europe now uses approximately 20% less gas than it did in 2022, following diversification and efficiency efforts after the Russian invasion of Ukraine.
Renewable electricity has transformed passenger cars, but aviation and heavy trucking have no scalable alternative to liquid fuels right now. Europe must secure refinery capacity and maintain strategic reserves while simultaneously accelerating the energy transition — these are not mutually exclusive.
Europe imports more than €370 billion worth of fossil fuels annually, underlining the economic case for accelerating the clean energy transition.
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
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