Beyond climate promises, what is the real cost of the energy transition? For several weeks, we have been investigating the systemic impacts of this global low-carbon conversion of our economy. Employment, purchasing power, consumption patterns, investments, changes of territories … the magnitude of the shock that awaits us has nothing to envy to the great oil crises of the last century. In the past, politicians and leaders dreamed of a happy transition, where the new world would smoothly replace the old. This utopia is being shattered by rising energy prices. Not all changes will be smooth. And we can no longer afford the luxury of looking elsewhere.
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