
#505 Ireland: The Great Energy Rip-Off?
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#505 Ireland: The Great Energy Rip-Off?
Niall Boylan
“Energy Crisis – Should the Government Step In?”
This week, Niall sits down with social commentator Paul Tryvaud to tackle the surge in energy prices that could leave families and older people shivering in cold, dark homes this winter.
They explore the big question: Should the government regulate energy costs, or would that be an overstep into the free market?
Pros of government intervention:
Protects vulnerable households from fuel poverty
Prevents excessive profiteering by energy companies
Creates stability for consumers during a cost-of-living crisis
Cons of government intervention:
Distorts competition in the free market
Could reduce investment and innovation in the energy sector
Risk of higher long-term taxes to fund subsidies or caps
Niall also invites callers to share their views live on air: Is regulation the solution, or does the market need to run its course?