A new word “Warm Banks”, it’s short for Government caused catastrophe.

BRITAIN’S FOSSIL FUEL RESOURCES GO UNTAPPED, BUT AT LEAST THEY HAVE “WARM BANKS.” British homeowners broken by energy costs turn to “warm banks”. “The problem with it is that it’s not for the homeless. These government-designated refuges are for homeowners, who are at risk of freezing to death in their own homes because they can no longer afford the heating oil, gas and/or electricity to keep them livable. All this during what is shaping up to be a brutal winter.”

The statistics are absolutely staggering.

…Energy bills in Britain have leapt by more than 80% this year – one of the highest rates in Europe – forcing people to make impossible choices between heating their homes or eating, according to experts.

And it is predicted to get worse.

An estimated 8.4 million British households will be in fuel poverty from April 2023, according to National Energy Action.

And it can happen here.  In November the basic unit of electric energy, the Kilowatt-Hour, increased 26% from the previous month.  In December, it increased an additional 30%.   This is not a failure of the fuel industry nor of Capitalism; it’s entirely political.

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About On the North River

Forty years toiled in the Tel-com industry, married for 36 years widowed at sixty-one. New girlfriend at sixty-five. Was a Tea Party supporter. Today a follower of the Last American President to be honestly elected, Donald J. Trump.
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