RE: Soaring energy prices becoming socially destabilizing. The experience of the Yellow Vest protests in France (referring to the color of the vest protestors wore), are instructive in this regard. France is a generally left-leaning country. Despite that, a proposed fuel surtax in November 2018 to fund a renewable energy transition triggered such widespread civil unrest that French president Emmanuelle Macron rescinded it the following month.
Chapter 9 - Appendix
Chapter 9 - Appendix
Chapter 9 - Appendix
RE: Soaring energy prices becoming socially destabilizing. The experience of the Yellow Vest protests in France (referring to the color of the vest protestors wore), are instructive in this regard. France is a generally left-leaning country. Despite that, a proposed fuel surtax in November 2018 to fund a renewable energy transition triggered such widespread civil unrest that French president Emmanuelle Macron rescinded it the following month.