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Yanis Varoufakis: Power, Markets & Power Markets - Ep104

Cleaning Up: Leadership in an Age of Climate Change

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The Price of Natural Gas Is Affecting Your Utility Bills

In the UK, more than half of your electricity comes from renewables. So it shouldn't be affected at all by the price of natural gas. But if you look at the UK, the UK has done that. It's done significantly well along with some other countries like Denmark in installing renewables. That is a scandal because you have the government playing the role of the monopolist or actually allowing the privateers who are now utilizing this privatized utility electricity to extract profits out of them.

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