Energy bill help for all is too expensive, warns the World Bank

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'Governments are saying we will take care of everyone, which is just too expensive.'

It is too expensive for governments to help everyone with their soaring energy bills, the World Bank has warned.

David Malpass told the BBC the same policy was being adopted to help people cope with rising energy bills.It is pushing global debt to record levels and people at the bottom of the income scale are hardest hit, he said.It comes as separate research suggests the UK's own energy support scheme is far too expensive in its current form.

The National Institute of Economic and Social Research said the current scheme could cost some £30bn because it was untargeted.

 

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Too expensive for who? Check out the number of billionaires currently shooting them selves into orbit and fantasing about living on Mars it’s everybody’s energy being rationed to increase profit

If only there were some way of redistributing wealth so that people could afford things like their energy bills without relying on government handouts.. if only.

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