Professor Klaus Hubacek: Unnecessary burden of war. Governments react inefficiently to soaring energy prices

Governments could help millions of people and save a lot of money with targeted energy subsidies. Different kinds of households around the world suffer in various ways from the exorbitant energy prices and need different kinds of support, says Klaus Hubacek from the University of Groningen in a new study that was published on 16 February 2023 in Nature Energy.

All around the world, households are affected by soaring energy prices due to the war in Ukraine. But these households are affected in different ways: ‘This depends on their income level, how they spend their money, and how and where the products that they are using are being produced,’ explains Hubacek, Professor of Science, Technology, and Society.

The study was cited in many international media sources. Read the full article.

Text by Leonie von Ristok