FYI.
– Economists Warn Energy Bill Price Caps Could Lead To Blackouts In UK:
- Economists are warning that UK Prime Minister Truss’ plan to cap energy bills could lead to blackouts.
- Experts at the economic think tank the Institute for Fiscal Studies (IFS) said energy supplies may run dry due to the government propping up energy spending.
- “The less UK households reduce their energy demand, the greater demands placed on others… there is simply not enough energy to go round, which would require rationing or increase the risk of blackouts,” the organisation added.
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