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The reality is that expensive electricity in the EU is by design. The EU ETS imposes heavy taxes on fossil fuels (and they are set to increase even more), which
by mono442 5mo ago
The reality is that expensive electricity in the EU is by design. The EU ETS imposes heavy taxes on fossil fuels (and they are set to increase even more), which in turn causes the price of electricity to rise. Fully renewable electricity generation is still a long way off, so this will continue for a long time. But it is entirely a self-imposed political problem and could easily be fixed by getting rid of the EU ETS or capping the price of emissions at a more reasonable level.
- throawayonthe 5mo agowhy would you do that
- gman83 5mo agoYeah, crippling Europe in the long term for short term gain might not be the best idea - https://www.theguardian.com/environment/2026/apr/15/critical-atlantic-current-significantly-more-likely-to-collapse-than-thought https://www.theguardian.com/environment/2026/apr/15/critical...
- wolvoleo 5mo agoIt's for long term gain. Energy independence, combating climate change which will cost more to mitigate than the energy costs.
- deleted 5mo ago[deleted]
- m463 5mo agoIt seems many markets have punitive pricing on electricity, california being one egregious example. In most places, if you buy more of something, you are a good customer, it is usually more economical to sell to you and you get a discount. In california people who use more kilowatts, pay more.
- Rygian 5mo agoPunitive pricing is a great thing. The less energy you spend to deliver value, the better for everyone.