If we split the 2022 €390bn 🇪🇺 energy subsidies, taxpayers paid more than the effective cost of production (min: 15$/b🛢️, 5$/Mbtu gas & 55€/MWh⚡️).
This is unsustainable. Perhaps time to rethink the all system to avoid 🇪🇺taxpayers money going into utilities & producers pockets?
Germany banning gas-fired boilers. "Use heat-pumps powered by renewable electricity", they say. The hitch:
40% to 50% of home made electricity is from carbon-intense sources (coal, lignite, fossil gas)
So what's the point?
(😉: would make sense in 🇫🇷)
https://t.co/jLmyQXxepV
On a beau savoir, l’accumulation des mots et des faits dépasse ce qu’on imaginait. Entre Marine #LePen et la Russie de #Poutine, un compagnonnage au long cours détaillé par @thierpech et @jlmissika. @_terra_nova https://t.co/i5SlJW9DhJ
Jonathan Stern on Gazprom’s Electronic Sales Platform (ESP): What ESP illustrates is that Gazprom has bought into market-based pricing, which is only sensible given the way the market is going
https://t.co/APvIDdkVKg