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Hanoch's avatar

I am not so certain we are dealing with economic illiteracy here. There is an argument to be made that this is being done intentionally in service to the “green” aspirations of those who would like nothing more than to make fossil fuels less and less affordable. And by enacting “windfall profit taxes”, price gouging laws and the like, they can still play the game of politics by showing their newly cash-strapped constituencies that we are the ones truly on your side - and many will buy it, hook, line, and sinker.

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Dana Jumper's avatar

Yes, you're correct. Except don't be misled. The "green" they are pursuing is cash, not ecology. These are 80 year old kleptocrats leading this parade.

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Wild Bill's avatar

The useful idiots believe the propaganda. The puppet-masters are pursuing power, from which they can produce cash. Or vice-versa, works both ways.

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SmithFS's avatar

If they really cared about emissions they wouldn't be shutting down perfectly good nuclear power plants and wasting $trillions on wind & solar which increase emissions and energy costs.

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