September 14, 2022

Why Demand-side Support Trumps Energy Price Caps

Imagine you buy 10 cans of beer every week, at a price of €2.50 each. Due to a shortage of hops, the price of a can of beer now soars to €5 per can. This means that if you carried on drinking 10 cans of beer per week, your total beer budget would have to rise from €25 to €50.