Germany’s “Silent Catastrophe” …330,000 Households See Power Turned Off In One Year
via NOT A LOT OF PEOPLE KNOW THAThttps://notalotofpeopleknowthat.wordpress.com
By Paul Homewood
Reposted from NoTricksZone:
Many households are no longer able to afford electricity and are seeing themselves catapulted back to the 19th century. According to t-online.de here, “More than 330,000 households in Germany have seen their electricity cut off over the past year alone.”
The German site writes that those hit the hardest are households on welfare, i.e. society’s poorest and most vulnerable.
German politician Eva Bulling-Schröter of the Left Party has called it “a silent catastrophe“.
Not only have the poor been broadsided by the high electricity prices, but so have energy intensive industries. This all makes many average workers uneasy. Over the past years a number of German plants have been moving their operations to less expensive locations abroad, especially in the chemical industry. Traditional power companies have also been getting creamed, seeing billions of losses and thousands of layoffs.
Read the full story here:
via NOT A LOT OF PEOPLE KNOW THAT http://ift.tt/16C5B6P
March 9, 2017 at 09:54PM
