The economic impact of high clean energy costs
In Short
The swift implementation of high clean energy costs could have adverse economic impacts, disproportionately affecting certain segments of the population.
A Few Details
If clean energy becomes mandatory, whether partially or fully, corporations are likely to pass the increased costs on to consumers. While the upper class may be able to absorb this financial burden, it could push low-income and middle-class individuals into severe poverty. This vulnerable population is unlikely to accept such sacrifices, especially as the wealthy continue to maintain their comfortable lifestyles.
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