Le Maire: French households ‘will not be affected’ by soaring electricity prices. France will maintain a cap on electricity prices until the end of the year in an effort to protect households, French Economy Minister Bruno Le Maire said on Saturday
Le Maire: French households ‘will not be affected’ by soaring electricity prices. France will maintain a cap on electricity prices until the end of the year in an effort to protect households, French Economy Minister Bruno Le Maire said on Saturday
4 comments
>The cap will be discontinued at the end of 2022, but electricity and gas prices will be “contained” next year
This carries as much weight as “inflation is transitory”.
Then French people won’t have incentives to save energy.
So the cost of the cap won’t be in future taxes or by cutting services? Can someone explain where the difference in costs come from if not the government or majority state owned EDF?
Is this a we’ll cap prices and make the Russians pay for it statement?
Price caps never work in the long run.