Subsidise energy and fuel prices to mitigate cost increases

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Subsidise energy and fuel prices to mitigate cost increases

Petition Details

We want the Government to subsidise the cost of energy and fuel so this costs no more for consumers than 50% over 2020 prices. The cost of this should be recouped by medium-term cost increases, and contributions from energy companies.

Additional Information

The country is in crisis. Radical action is needed to avert a major crisis that could culminate in social unrest or even riots.

By taking this action now the Government can help reduce inflation by tackling one of the sources of inflation. Rising energy and fuel costs create inflation that can spiral out of control because businesses have to increase prices to stay in business. Avert this by absorbing the increase. This could also help avert an economic crisis caused by inflation.

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