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As Reuters explained succinctly last month: Electricity bills | Alex Berenson

As Reuters explained succinctly last month:

Electricity bills are expected to rise 54 percent in 2022 as “geopolitical tensions push up natural gas prices which the scarce supply of energy from renewable sources cannot offset.”

At this point, 54 percent might be optimistic.

The rise in electricity prices led to protests across Europe last fall. Countries like Italy are so worried what a shock this year might bring that they are considering directly subsidizing consumers. (6/8)