Denmark retreats from regressive green energy policy

Daily Caller:

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Denmark currently has some of the highest electricity prices in the world at 41 cents per kWh. Electricity in Denmark is almost four times more expensive than in the United States. Impoverished citizens in the lowest Danish income brackets spend about 8.9 percent of their total budget on electricity. The poorest citizens in neighboring Sweden, which doesn’t subsidize green energy to the same extent, spend only 3.6 percent of their household budget on electricity. The lowest income brackets in the United States spend a mere 2.9 percent of their household budget on electricity.

The high price of electricity in Denmark means many citizens can’t afford the electricity required to meet day to day living requirements. Raising electricity prices has a massively regressive impact, harming low-income individuals far more than wealthy ones. Poorer, working-class people tend to spend a higher proportion of their income on basic needs like electricity and fuel than the wealth do.
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The country will reduce the amount spent on green energy by 67 percent.  It is a classic example of the regressive nature of green energy and its impact on the poor.