▲ | physicsguy 9 hours ago | |||||||
They already do - here in the U.K. you can fix your energy price for 12-24 months typically which is a gamble in the future price of energy. | ||||||||
▲ | ZeroGravitas 6 hours ago | parent [-] | |||||||
Though in that case the exact prediction made did come true. Massive gas price increases due to the Ukraine war bankrupted a bunch of businesses selling fixed price energy that they could no longer supply without making unsustainable losses. Various government interventions followed but they were so bad you might assume that they were more interested in ensuring their mates in the gas industry made high profits than protecting the nation from the fallout. | ||||||||
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