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by cirrus-clouds
1402 days ago
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France and Norway are cushioning the impact of high energy bills in particular: France: "..forcing the state-owned energy provider EDF to limit electricity wholesale price rises to 4 per cent for a year. The move is expected to cost €8.4 billion. The French government aims for this move to limit electricity price increases to 4 per cent, compared to an expected 45 per cent. Norway: "According to a scheme introduced by the government in 2021, Norwegians only pay bills in full when prices are under 70 crowns (€7) per kWh. When energy bills pass that threshold, the government covers 80 per cent of the total." Meanwhile in the UK, we have a self-absorbed government that has effectively 'checked-out' with no urgency to tackle cost-of-living crisis. |
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The issue in the UK is that the government has nowhere to go apart from actually paying hard cash to subsidise prices to consumers... an inexistant national energy strategy cannot be dreamt up overnight (it's not just this government, it's been going on for decades).
It's going to be an absolute shitshow this winter and the (UK) government may be forced to do something even if that means borrowing even more, although they can also impose a windfall tax in energy companies (they already have).