Tuesday, 06 September, 2022
Institute For Fiscal Studies on freezing the energy price: “
Institute For Fiscal Studies on freezing the energy price: ”
terrible idea but may be unavoidable”
terrible idea but may be unavoidable”
Describing an energy bill freeze as “a terrible policy — but
maybe one we can’t avoid”, IFX said: “The problems with it are
twofold. It’s enormously expensive and a lot of money goes to
people who don’t need it, and [secondly] if you’re holding
prices constant what takes the strain is supply, so that
increases the risk that you’ll end up with shortages.”