And it’s of our own making.
If you haven’t seen your energy bill climb by several factors, get ready, because it’s coming. While some of us have tried sounding the alarm of spiking costs for electricity, natural gas, and oil across the West, others have been busy rationalizing this phenomenon away. For example, when a relative of mine shared my post about electricity making recharging EVs in Germany expensive, warning associates the effect is rippling through countries, someone dismissed the information: “That’s Germany.”
Unfortunately, this isn’t voodoo magic where supposedly if you don’t believe in rapidly increasing energy costs they won’t affect you. I’ve pulled an anecdote from Twitter to demonstrate what you might be seeing soon in many other countries, including the US and Canada. One is a café in Leicester, UK where the electric bill has essentially tripled. Think about that: what would you have to do with your budget if what you spend jumped that much overnight? There are more stories like this and soon you could be one of them.
Read more at Gears of Time