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sctts

08/17/22 10:13 PM

#92408 RE: wakl #92407

Europe is in deep ca ca
Fire up those coal plants before people freeze!!


My offered 2 year renewal electric contract, rates going from 14.6p/kWh to 45.6p/kWh +VAT. 312% increase!
Europe has serious electrical cost problems coming: industrial/recessionary slowdown, &/or inflationary pressure to goods/services. Many people struggling to pay already.



So far, the nations of Europe haven't gotten a competitive advantage from renewables. The people of Denmark pay the highest electric rates in the world; higher even than in developing countries. And Germany has continued to prostitute itself for Russian oil and gas. 1/Fracking is the main reason that the United States, unlike Germany, can defy Vladimir Putin and make it stick. He can't threaten us with an embargo of oil and gas.