Post
Topic
Board Economics
Re: Fuel prices hitting an eight year high
by
stompix
on 16/10/2021, 15:30:54 UTC
One catastrophe is enough for me - the Chernobyl disaster. I would like to wish you with all my heart that you and your family never crossed paths with this evil ...

I did, so keep your sympathy to yourself, some parts of Eastern Europe were more affected than the east of Ukraine.

One such accident is enough for many tens of years, many millions of people to suffer.

Let's add the sufferance of those who can't afford to heat their home and live like in the dark ages to this?
Let's add the sufferance of those who are unemployed because the factory where they worked had to shut down?
Let's add the sufferance of those who will not be able to afford food with these prices?
Let's count those deaths too, shouldn't we?
https://www.theguardian.com/commentisfree/2020/feb/27/dying-cold-europe-fuel-poverty-energy-spending

Luckily for us even treehuggers seem to have 1% of their brain functional:
https://www.dw.com/en/germany-slashes-renewable-energy-tax-due-to-soaring-prices/a-59517333

Quote
Germany's electric grid operators on Friday announced a reduction of the renewable energy tax by over 40% to ease the burden on consumers coping with soaring energy prices that are affecting Europe this year.

Let's cut the subsidies and the billions spent on these garbage soylent green revolution and let's focus on solving real problems.

Quote
Running around looking to blame green energy or the evil oil producing countries is not giving the full answer.
I asked about costs a few posts up and stompix posted a link about Germany spending $38 billion on green energy
Which looks like a big number.

It is a big number!
It means 500Euros per citizen, counting in normal Us prices around 5000Kwh a year per citizen, adding the average German consumption per household! at 3000 in the equation one might wonder why are we paying 3 times the bill in susbsidies each year.


I just find it funny how your first example is a corporation that produces only green energy.  Grin
Kind of ironic, isn't it?