Growing EU Support For Electricity Price Caps

>VIENNA, Aug 28 (Reuters) - Austrian Chancellor Karl Nehammer backs a European Union-wide cap on runaway electricity prices, he said in a statement issued by his office on Sunday.

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based nehammer, wonder when hes going to be replaced

that's gonna do it, yep, just like all the price caps worked for Venezuela

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>commie leftist kikes are tyrants

more news at 11

the electricity isnt getting more expensive to produce, its actually just extortion by power companies preying on desperate people

>natural gas prices aren't rising
If this is the intellectual level of EU problem solvers, the EU is fucked.

relax fags, european social democracy will fix this
nah, we are absolutely fucked

just raise taxes and pretend it's free, like your healthcare system

stop larping mclarper
el. price is driven by the price of liquid gas from mutts

don't worry the EU people are actually even more retarded

Man just price cap everything at free. Best way to deal with demand way higher than supply is just make it free. That way there are no evil profits and everyone can buy infinite ammounts

Genius Europeans about to show capitalism who is boss

and what power companies you absolute tool. All powerplants in eu are owned by the state excluding some non-relevant sun, wind and small ass hydro

>natural gas prices aren't rising

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According to basic economic theory, a price cap below the market clearing price should result in shortages. It will be interesting to watch the EU try this experiment using their population as guinea pigs.

remove gas powerplants from the equation and poof just like that the price falls back to 60 mhw

You do realize it's being imported through ships right?

Ah fuck's sake.

Maybe yurofaggots should have listened to Trump

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It's unironically better to have to experience power shortages than having to pay the jews 1€/kWh for electricity.

Oh yes, they are storing the electricity in burlap sacks.

price controls, very nice. Truly a time tested method that worked from diocletian to USSR without problems.