3 ms·
We are already suffering from severe austerity after the collapse in 2008. Pay for the bottom 70% of people in the Western World falls further and further behin
by watmough 8y ago
We are already suffering from severe austerity after the collapse in 2008. Pay for the bottom 70% of people in the Western World falls further and further behind.
The present political mess, including in the US and in the UK, and across Europe is clear fall-out from these problems.
In this context, imposing further high-taxes to restrict energy use is political suicide, and simply won't happen.
In the longer-term, moving to wind and solar will help, especially as energy storage technologies improve. Countries such as Spain and Portugal are showing us the way in this respect.