What options does Government have to help protect consumers from major energy shock?

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Windfall taxes on utility companies, VAT cuts, rebates and welfare increases among potential options to tackle soaring energy costs

Ireland, along with the rest of Europe, has already suffered a major energy shock this year as the price of gas and oil skyrocketed.

While the problem can be easily diagnosed, tackling it is anything but simple, with billions of euro being deployed to support homes and businesses, as well as novel windfall taxes and fundamental restructuring of the electricity market now under consideration. All this is playing out against a ticking clock as winter approaches, promising longer, colder nights and higher utility bills. “The shock is coming, the prices are coming,” says Deane.

 

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You'd have to be fearful with Eamon Green, Renewable Energy, Ryan at the wheel

Try : don’t align yourself with kamikaze sanctions on Russian energy that affect only the EU. How about that?

Refusing to let ideology stop us using all available resources would help. The irony is that government will likely fall over this issue this winter and the Greens are making themselves unelectable for a generation.

Grants for insulation, heating and solar panels etc.,.

Resignation

A few peat powered electricity plants producing domestic energy would be handy

F. All

We could lock Michael Martin and Eamonn Ryan into a padded cell.

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Source: NewstalkFM - 🏆 19. / 55 Read more »