Home » World Economy » Russia – $1 Trillion Cost of Energy Subsidies as Europe Provides Protection

Russia – $1 Trillion Cost of Energy Subsidies as Europe Provides Protection

World Economy

Russia’s Invasion of Ukraine has caused GLOBAL ENERGY PRICES to SKYROCKET and European Countries have been affected the most as many were reliant upon CHEAP RUSSIAN ENERGY. Wholesale Energy prices have increased around 400% and to protect consumers European Countries have introduced a variety of SUBSIDY SCHEMES. In this video I look at the latest Schemes that have been announced, look at the TOTAL COSTS incurred so far and discuss the IMPACT on the GLOBAL ECONOMY.

Credit JOE BLOGS

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