Electricity Costs to Jump Ten-Fold

Do not be surprised when (not if) this happens.
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Electricity Costs to Jump Ten-Fold

Oz Steamer

Before the Socialist Greenies and the Great Global Warming Fraud, in Australia, we had electricity that was about (Australian) $5 per kilowatt-hour. This is about 1/3rd of what the US had in 2019.

Now, thanks to the Socialist Greenies and the Global Warmists, we have an electricity price between (Australian) $40 to $50 per kilowatt-hour, or around ten times the price we had before.

Our manufacturing is nearly dead, thanks to the prohibitive cost of energy (electricity being the main cost).

So do not be surprised when (not if), thanks to Joe Biden’s Green New Deal and the Paris Climate Discords,  your electricity price ends up at around ten times of what it was in 2019. (Meaning that the US average electricity price will end up around US$150 per kilowatt-hour).

At that point, you will not have an economy.

Exactly as the Socialist Greens want.

Editor’s note:
I, Robert, will also not be surprised if gasoline prices increase ten-fold.
Inflation, anyone?
Depression anyone?
Can we have inflation and depression at the same time?
Man, I hate being so pessimistic, but that’s where I am right now.

The post Electricity Costs to Jump Ten-Fold appeared first on Ice Age Now.

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January 15, 2021 at 10:59AM

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