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Showing posts with the label “higher bidder”

Britain’s Gas and Electricity Crisis Explained

The crisis boils down to the form of British capitalism. “It still seems more likely that Japan and Britain will secure enough gas, in the same way they secured enough coronavirus vaccines, by the expedient of poorer countries not getting enough. But for Britain the price crisis will be harsh. Free market fanaticism combines with the brutal practice of making the poorest citizens pay a disproportionate share of the cost of funding the transition to zero-carbon energy.” On the boil Related Why India is on the brink of a power crisis