Western Democracies in decline as the left take over, page-34

  1. 22,627 Posts.
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    "yet you're still invested in fossils, as you declared above, and of course so are many others - so obviously, the "dumb energy policies that have killed investment in fossil fuels ......(which led) to this unprecedented(it's surpassed the 1970s oil shock) energy crisis".. ..... is a load of codswallop"

    I'm invested in existing coal mines for exactly the reason that investment in new supply isn't happening and won't happen while dumb govts stay on their current course. This means coal prices are rising exponentially and will continue to rise because there is very little new supply and demand isn't just remaining constant, it's increasing.

    Why do you fail to understand such basic economics?
 
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