Is There a Significant Spare Capacity in Renewables?

If we had inflation prints next year, it would imply massive increases in energy prices that are unsustainable for the global economy. I don't believe there is any significant spare capacity. Workers who did not receive ten % pay rises and inflation was ten%. Unless we're going to mark their wages down, they'll push back - which will give you some kind of second round effect. The same's true for housing equivalents. When you have a bad housing market, rent squeeze. That was the lesson of two thousand and eight. I think rents are going to continue squeezing. So for those reasons, iim absolutely sure. Well, actually, i'm not absolutely sure, ecause, you know,