June 3, 2008
Fuel Poverty: UK and the US
A non-profit, Economic Opportunity Studies, has released a (short) report delineating the difference between the view on fuel poverty within the US and the UK. The UK, it should be noted, has stated that fuel poverty occurs when a home spends more than 10% of its income on Fuel Bills. While The US has not come to a consensus on where the fuel poverty line occurs, the following study shows the probable number of households in the US falling below this line utilizing the UK standard.
According to a recent BBC news article, talks about a new plan that the UK is proposing in order to overcome some of the energy problems faced by their poor. Although there is heavy criticism on the grounds that the plan is not enough to overcome many fuel poverty issues, there are strong proponents that point out that the plan is a large step in the right direction.
(All of this brings up Joseph Kennedy's efforts to bring lower heating costs to the poor, with the assistance of CITGO. For negative commentary on the political aspects of this Venezuelan oil, see a Heritage Foundation editorial. The New York Times Sunday Magazine also has an in depth article looking at nationalized oil, "The Perils of Petrocracy," that touches on this.)
-With thanks to Farhan Ali. E.R. email@example.com
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