We are all going to pay higher prices for our energy (electricity, natural gas and transportation fuels), but the poor peoples of the world will suffer the most thanks to misguided energy policies of the elites. "Energy Poverty" is terrible to see.
A winter energy reckoning looms for the west. Financial Times.
Across the world, politicians are ever more desperately looking to contain the explosive consequences of the energy crisis. In those parts of Asia, the Middle East and Africa already mired in multiple economic and political difficulties, the crisis is proving catastrophic. Those who import liquid natural gas must now compete with European latecomers to the LNG market seeking an alternative to pipelined Russian gas. In early summer, Pakistan was unable to complete a single LNG tender. In poor countries, a large proportion of the state’s resources go on subsidising energy consumption. At prevailing prices, some cannot: earlier this month, the Sri Lankan Electricity Board imposed a 264 per cent increase on the country’s poorest energy users.
This is a GLOBAL Energy Crisis - Aug 19
This is a GLOBAL Energy Crisis - Aug 19
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: This is a GLOBAL Energy Crisis - Aug 19
I wonder if the global elitists and economic masterminds have ever seen Newton's third law of physics at work. After observing the rebellion in Sri Lanka, interest rates in Argentina are going to 70% with people rebelling in the street for higher wages as inflation is forecasted for 90%. When this winter hits , get your popcorn ready cause Newton will be smiling in his grave.
Re: This is a GLOBAL Energy Crisis - Aug 19
Where the hell is Gretta hanging out
Has she no shame?
Has she no shame?
Last edited by Fraser921 on Fri Aug 19, 2022 11:36 pm, edited 1 time in total.
Re: This is a GLOBAL Energy Crisis - Aug 19
Any country that has to import energy and food is in BIG TROUBLE.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: This is a GLOBAL Energy Crisis - Aug 19
So I guess the Chinese can't survive on coal and pangolin?
Re: This is a GLOBAL Energy Crisis - Aug 19
This is a great post that alludes to the intentionality of lowering economic activity by Western allied nations to reduce energy consumption .Worth the read.
https://theconservativetreehouse.com/bl ... seriously/
https://theconservativetreehouse.com/bl ... seriously/