Earlier quoted context omitted.
Another Irishman here, completely agree with your comment. My domestic gas and electric bills have never been higher, insane inflation for nothing more than political virtue signalling.
> Another Irishman here, completely agree with your comment. My domestic gas and electric bills have never been higher, insane inflation for nothing more than political virtue signalling. The only part of your bills that could be regarded as virtue signalling is the carbon tax, which is driven by government regulation. The vast increases in energy costs were driven firstly by Russia (when they invaded Ukraine) and th…
I'd add that this is only part of the equation because: what do you do on an overcast day with no wind?
You need significant storage capacity before you can become isolated from world events. Until then, you need power generation that you can bring online on short notice: coal, gas, hydro, etc. Traditionally, gas was used for this because it's easy to store, quick to get going and gas plants can also burn coal if needed.
Unfortunately, the nice properties of gas (easy to store and transport) mean that it's a global commodity. It will go where they pay the most, which means that far away events can cause a price in gas prices globally.