Unidentified Speaker — An Inconvenient Truth: Our climate policies cant save the e… [dN_ARfPY9rY]
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Higher electricity prices cause reduced per-capita electricity consumption: the UK has used less and less electricity per person since the early 2000s, while China has surpassed the UK and the world is approaching UK levels, with the US using significantly more electricity because of cheap electricity.
Across nearly 70 countries, there is a strong positive correlation between the percentage of solar and wind in the electricity mix and electricity prices: countries with low solar/wind penetration (China, India) have low prices; those with high penetration (UK, Germany, Netherlands, Denmark) have high prices.
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