EUROPE'S ECONOMY IS IN TROUBLE DUE TO HIGH ENERGY PRICES

Europe has succeeded in slashing carbon emissions more than any other region—by 30% from 2005 levels, compared with a 17% drop for the U.S. But along the way, the rush to renewables has helped drive up electricity prices in much of the continent. It is crippling industry and hobbling Europe’s ability to attract key economic drivers like artificial intelligence, which requires cheap and abundant electricity. 

“Very clearly the cost of the transition has never been admitted or recognized,” said Gordon Hughes, a professor at the University of Edinburgh and a former adviser on energy to the World Bank. “There is a massive dishonesty involved.”

Europe’s 20 year reckless Green experiment to control the weather has crippled the economy « JoNova