> since the rest of the world will continue to use their washing machine whenever they want
No they have even less money than Europe. They'll do the smart thing, which is using electricity when it's cheap.
You'd have a point if those countries had followed Europe in replacing coal with imported gas, but few countries outside of Europe have done that. Without imported gas, electricity is generally cheap.
You'd have a point if those countries had followed Europe in replacing coal with imported gas, but few countries outside of Europe have done that. Without imported gas, electricity is generally cheap.