alt Hacker NewsIndeed. Energy is at the core of everything we do. Make it more expensive, you immediately make some people go hungry, and then you also make everything else in the economy a tad more expensive, slowing things down, and as market readjusts and contracts, this makes even more people go hungry.
There's a really strong incentive to keep energy generation cheap, because pretty much every social and political issue is downstream of it.
Yes. "The economy is energy, energy is the economy".
China understood this and is not just betting on both solar and nuclear like mad, they're also burning coal (so that the EU btw can cosplay being green, while offloading the production of many things it consumes to China).
As a result energy prices in China are something like 7x cheaper than in Germany.
Those with lots of energy saw their GDP growth in the 21st century while those like the EU, with ultra pricey energy (due to stupid decisions like closing nuclear power plants only to then reopen them) saw hardly any GDP growth, inflation-adjusted in USD, in the 21st century.
No GDP growth means ever more poor people and ever more indebted governments.
I'm all for transitioning away from fuel and coal, but do it pragmatically. We don't need communists (that'd be the "green" parties [1]) who want to make the lives of everybody miserable taking decisions related to energy.
[1] green people who, like watermelons, are only green on the outside and then bright extremist red on the inside