Energy and Environment

The enormous hidden costs of the energy price freeze

Andy Mayer quoted in The Times

IEA Chief Operating Officer and Energy Analyst Andy Mayer has been quoted in The Times warning that the costs of Liz Truss’ energy price freeze are being hidden.

The article discusses warnings from free market economists with Andy quoted describing the measure as “middle-class welfare on steroids”.

The article went on to highlight concerns about the negative impact of price controls and the high cost of borrowing in the long run. The full piece can be read here.