The world is facing a winter of power shortages. Since the beginning of the year, the price of electricity in Europe and the United States has continued to rise sharply, and the price of electricity in the European Union is more than double that of a year ago. As of July, the price of electricity in Italy, Spain, Germany and France has risen by 166%, 167%, 170% and 134%, respectively, compared with a year ago. The E.U. is all about power-rationing accelerationism.