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Globally, The Green Energy Transition Is On The Skids As Costs Wallop Households

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rangerrebew:
Globally, The Green Energy Transition Is On The Skids As Costs Wallop Households
by Stacy Meichtry, Bertrand Benoit, and Phred Dvorak  2 hours ago 
 

…Consumers are starting to pay for the energy transition, and they aren’t happy about it. [emphasis, links added]

Governments that were among the earliest in the world to adopt climate legislation tried to take the sting out of the transition by motivating consumers with subsidies.


Now, however, the same capitals are cash-strapped and many are passing the bill to the consumer.

Subsidies are being scaled back, taxes tied to carbon emissions are being phased in, and rules requiring expensive renovations are starting to bite.

https://climatechangedispatch.com/globally-the-green-energy-transition-is-on-the-skids-as-costs-wallop-households/

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