(Note that, in the end, the above seems to be very similar to issues in Egypt - government balance taking a hit due to less income from fossil fuels - well except that the Egypt issues are more dramatic, being caused by the country becoming a gas importer instead of exporter...)
https://mattstoller.substack.com/p/why-private-equity-should...
And Macron was really an idiot when he thought that asking the poorest people to pay the most for the ecological transition was going to fly...
But isn't this also a symptom of an energy trap - the government itself not having any slack left for long-term planning ?
http://www.lecourrierdesstrateges.fr/2018/11/04/augmentation... (fr)
(Note that, in the end, the above seems to be very similar to issues in Egypt - government balance taking a hit due to less income from fossil fuels - well except that the Egypt issues are more dramatic, being caused by the country becoming a gas importer instead of exporter...)