Industry experts are wary of a possible slowdown in retail
as high energy prices and a slowdown in home refinancing drag down consumer spending.
Real income growth moderated in the second quarter as the pace of job gains slowed and the inflation rate rose, boosted by
somewhat higher energy prices.
Higher energy prices coupled with rising unemployment could push hundreds of thousands more homes into fuel poverty, a group of influential government advisors has said.
Because global oil demand is increasing, declining production will soon
generate high energy prices, inflation, unemployment, and irreversible economic depression.
But
higher energy prices helped slow that advance, and emissions in developed countries began to decline in 2007 and are now 8 % below the 2007 peak.
This is a bold claim, an one that I think will be partially falsified, as men make efforts to expand energy with the incentives that come
from high energy prices.
Reducing household energy use is the only real way to
offset high energy prices from the wholesale market, National Energy Action has said.
If, on the other hand, the tax provides «carbon dividends» to offset the impact of
higher energy prices on poor households, it will create a new class of welfare dependents.
One of the lingering fears about NOC investment is that companies might just sit on high - cost Canadian assets for years without developing them, as a hedge
against higher energy prices.
Without
sustained high energy prices or concerted, high - profile federal government leadership, U.S. consumers are unlikely to change their energy - use patterns, and the United States will continue to rely upon its current energy portfolio.
Take, for example, the principal - agent problem through which
despite higher energy prices, both landlords and tenants lack incentives to make economically - efficient energy - conservation investments, such as installing thermal insulation.
The first was the continuing debate I hear about whether expensive oil is a good thing (the Bush administration
said high energy prices were a big reason carbon dioxide emissions declined slightly in 2006) or a bad thing (if you're a truck driver or behind on your heating bills).
This coincided with the government responding to fears
about high energy prices by paring back the price guarantee system know as feed - in tariffs.
At the same time, the political turmoil
over high energy prices has created a new hurdle facing those — including both presidential candidates — who say they want to blunt the unabated climb in emissions of greenhouse gases with a cap or tax.
With the potential of a change in political winds — remember the solar supporters all seem to be left - leaning, big government believers who
want higher energy prices — the campaign for America's energy future is embedded in the presidential election.
If OPEC can limit oil supplies (thus
creating high energy prices) I see no reason why the rest of the world can't divert grain to fuel generation to create high food prices.
Punishers of the Poor Some politicians like
higher energy prices because it forces Americans to use less energy and adopt a lower standard of living — just what environmental extremists want.
Euro area consumer prices rose by 2.4 per cent over the year to December, with
higher energy prices making a significant contribution, along with hikes in prices of administered items, such as health care and tobacco.
NEA are campaigning for the UK to pursue these policies in a progressive manner and illustrate that energy efficiency is key to
mitigating high energy prices and should play a major role in the Government's proposals
Now Tata is pointing to unrealistically low prices of Chinese steel as a factor behind the closure of Port Talbot plant,
alongside high energy prices and the extra cost of climate change policies.
o Some portion used to very selectively create tax incentives for private investment in clean energy R&D, without giving money away in situations where an industry can afford to invest in its own R&D and where such investments would be attractive
given higher energy prices anyhow.
All in
all high energy prices are regressive to the extreme and its just the type of cost the wealthy can shake off but the rest of us get pinched.
Yet again, it seems the political imperatives
surrounding high energy prices are trumping building climate concerns and the inevitable need for a shift away from fossil fuels.]
The nation is once again assessing how best to stimulate the deployment of advanced energy technologies in response to
recent high energy prices — caused by the growing world demand for energy, wars in the Middle East, and last year's hurricanes — and concerns about the adverse environmental effects, particularly greenhouse gas emissions, of using conventional fossil energy.
The Carbon Fee - and - Rebate creates a sustainable long - term strategy for reducing CO2 emissions, because citizens are highly likely to support a policy that will help them cope with
higher energy prices during the economy's transition to clean, renewable energy.