Analysis: Forget showering, it's eat or heat for shocked Europeans hit by energy crisis

[Valin]

Reuters

Bozorgmehr Sharafedin and Canan Sevgili

Aug 29 2022

• Energy's share of household spending hits record highs in Europe
• Rising bills force households to cut energy use
• Crisis in Europe looks worse than in other developed economies

LONDON, Aug 29 (Reuters) - No more ironing, limited oven use and showering at work – Europeans are trying to keep their energy use down but the bills keep climbing.

As wholesale gas and electricity prices surge, millions of people in Europe are now spending a record amount of their income on energy, data show.

In the east England town of Grimsby, Philip Keetley didn't turn on his cooling fan at home as Britain sweltered under a record heat-wave this summer.

A look at his bank account showed he couldn't afford to.

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H//T

Aug 29, 2022 Fox News host Tucker Carlson reacts to Europe moving backward over energy on 'Tucker Carlson Tonight.'

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Conservatives Blast Europe’s ‘Needlessly Disastrous’ Energy Policies Over Woman’s 10,000 Euro Electric Bill

 

 

That would be $10,029.85