Europeâ€™s dogged pursuit of a solar- and wind-powered future has jacked up energy prices for households and industry alike. For families, it has meant higher monthly power billsâ€”a tax felt most keenly by the poor. For businesses, it has even farther-reaching implications. As theÂ EUobserverÂ reports, more than a hundred leaders of European industry are warning that these rising costs are threatening the EUâ€™s economic recovery.
What? Don’t they teach Austrian Economics in Austria anymore?