What’s the ONE word that tells you everything you need to know about your soaring energy bills? #Fossilflation
💥 Fossilflation 💥
👉 Un mot pour comprendre la crise énergétique !
🇪🇺 Le rôle de la European Central Bank dans la lutte contre la crise climatique.
Regardez la vidéo de Positive Money Europe
#Fossilflation
Kang Manto Makanya pas kemarin gua search greenflation pertama keluar greedflation bkn greenflation gua ganti keyword gua spesifik krn dia bilang in europe. And dang gua nemu artikel dri EUROPEAN CENTRAL BANK
ecb.europa.eu/press/key/date…
yg jadi krisis malah fossilflation
The bad news is that we’re still dangerously dependent on fossil fuels, whose prices are set internationally, and subject to geopolitics, war and the greed of producers.
There’s only one clear winner from this kind of inflation 👇
#Fossilflation
New European Central Bank research - 2021/22 fossilflation shock was much bigger than that of a 'typical' recession. It disproportionately affected poor elderly households esp in Italy&Spain, large welfare losses because of energy costs 👇
War, greed, geopolitics.
Every day that we are dependent on fossil fuels, we are at the mercy of the global factors which determine their price.
To protect us from #Fossilflation 's price shocks, we need public investment in homegrown renewables.
Let's control our own fate.
🎙️ When we are talking about #IncreasingPrices , we should call it #fossilflation , because fossils makes our economies so dependent on the #FossilFuel prices.
🇪🇺 #EU needs a long-term program to reduce our fossil fuel consumption and replace them with renewables. Said Bas Eickhout
And speaking of bad policy choices…Bank of England decided to manage this crisis by hiking interest rates, which
1️⃣ Don’t address #fossilflation or #climateflation
2️⃣ Push households & small businesses into debt
3️⃣ Make investing in the renewables we need more expensive
Next, a fascinating panel with Katie Kedward on nature as an asset class, David Barmes (@PositiveMoneyUK) on fossilflation and climateflation and Yannis Dafermos on the contradictions between climate finance and global justice.
#BeyondGrowth
Bas Eickhout starting energy session - talking problem of #FossilFlation and the need for #energydemocracy . Gas is a problem, not a solution
European Central Bank Isabel Schnabel 🇪🇺🇺🇦 Dear Isabel Schnabel 🇪🇺🇺🇦, based on your last speech, why you think a green lending facility targeted at reducing imported #fossilflation via energy efficiency & renewables would not be a suitable option in a tightening phase? Fossilflation is happening now! Thanks :)
#AskECB
Fossil fuel companies should not be profiteering off a global crisis – but they are, driving #Fossilflation . Supporting Canadians with #CostOfLivingCrisis means a #WindfallTax on Big Oil's excessive profits! Chrystia Freeland #TAXITBACK Greenpeace Canada #Cdnpoli act.gp/3RDHGuq
lex hoogduin Dit doet me denken aan de speech van Isabel Schnabel in maart '22.
ecb.europa.eu/press/key/date…
FOSSIL FUELS = COST OF LIVING CRISIS
#Fossilflation : Rising fossil fuel prices are more than just market fluctuations; they're affecting our cost of living from groceries to heating bills. 📈
Positive Money Europe