Much like almost every Progressive policy. Those that don’t directly hurt the poor tend to keep the poor poor, all under the gentle authoritarian hand og Government
(Daily Caller) European global warming policies are hurting the continent’s poor, according to a Manhattan Institute study published Thursday.
Europe has tried to fight global warming with cap-and-trade schemes and lucrative financial support to green power since 2005. Though well-meaning, the continent’s environmental efforts have only made life harder for Europe’s poor.
“The European Union’s renewable-energy policies have had one very clear result: they’ve dramatically raised electricity prices,†Robert Bryce, a senior fellow at the Manhattan Institute who authored the study, told The Daily Caller News Foundation.
Between 2005, when Europe adopted these policies, and 2014, residential electricity rates on the continent increased by 63 percent according to the study. Over the same period, residential rates in the U.S. rose by 32 percent. Germany, Spain and the U.K, which intervened the most in their energy markets, saw their electricity bills rise the fastest, according to the study.
Not that Warmists care, they think they are Saving The Planet, so, Other People must suffer. Of course, the actual policies offered and enacted by the Cult Of Climastrology do not actually make a difference in the planetary temperature.
