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CatalyticDragon t1_j90u0xx wrote

This is the problem with fossil fuels and their centralized nature. The poorest people and nations are the most dependent and therefore the most vulnerable to price shocks.

Rich people can install solar, batteries, heavily insulate their homes, retrofit boilers and heaters. They can switch to EVs. They can absorb higher energy costs but they can also afford to avoid them together.

It really highlights how we made a mess of this transition. We should have pulled subsidies from fossil fuel companies and used the money to build out a green economy from the ground up and we should have started decades ago.

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