Michael Bastasch writes in the Daily Signal about Europe’s climate lockdowns.
- Governments in Europe are imposing energy and water rationing policies.
- In addition to being forced to use less energy, consumers will also likely face higher utility costs.
- While Russia’s invasion of Ukraine is partially responsible, policies that have allowed mandates rather than markets to dictate Europe’s energy strategy is a primary culprit.
- American leaders must learn from Europe’s energy mistakes and enact pro-consumer, pro-growth policies that allow the market to accelerate energy innovation.
“The U.K. is not only bracing for potential blackouts, but also for eye-popping electricity rates. Power bills are set to hit $5,000 a year, which, one group warned, will drive one-third of households into ‘fuel poverty.'”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
