While quietly dying in their cold, dark housing, the billions in energy poverty around the world are likely wondering when the taxes, new energy schemes and so called ‘cleaner’ sources much of the world is hell bent on will start to flow through to them… All in the name of ‘future generations’ – whose future generations? But but but runaway global warming, or whatever….

KEY QUOTE:

“Energy prices are rising around the world as the global economy emerges from the pandemic, fueling concerns about inflation. In Europe, plans to decarbonize the economy are also playing a part as utilities pay near-record prices to buy the pollution permits they need to keep producing power from fossil fuels.”

SOURCE:

Bloomberg – Europe Faces an Energy Shock After Gas and Power Prices Rocket