Families are getting slammed with skyrocketing energy costs that are directly targeting their wallets. The surge in electricity bills and volatile gas prices is a clear indication that the system is stacked against the average person. But let’s get real – this isn’t just about inflation or market forces; it’s a deliberate attempt by global powerhouses like the World Economic Forum and the United Nations, in collaboration with big banks, to push their Environmental, Social, and Governance agenda. They’re forcing a so-called “green transition” that’s not only jacking up costs but also crippling our reliable energy sources.
The Hard Numbers on Rising Energy Costs
Breaking down the numbers, US retail electricity prices have been outpacing inflation since 2022, with a steady climb that’s projected to continue through 2026. In June 2025 alone, the average electricity price saw a whopping 6.7% year-over-year increase. This translates to the average household coughing up an extra $219 annually on power bills, pushing the average yearly cost from $1,683 in 2022 to a staggering $1,902 in 2025. To put it into perspective, electricity rates have spiked a staggering 24% since the start of the Biden-Harris administration, and the trend shows no signs of reversing. But it’s not just electricity – energy costs as a whole have surged 32%, with gasoline prices skyrocketing 46% in recent years.
So, what’s driving this surge? The exploding demand from AI data centres and electric vehicles is certainly a factor, with these power-hungry technologies guzzling energy like there’s no tomorrow. In fact, electricity demand saw a 3% increase in 2024, after remaining flat for years, fuelled by the tech boom and “green” mandates. But here’s the real kicker: the US grid is outdated and overloaded because policies are prioritizing flashy renewables over reliable infrastructure. Fossil fuels are being unfairly demonized, leading to higher costs and less security. And let’s not be fooled by the rollback on clean energy incentives – favouring fossils should actually lower long-term costs, but global interference is manipulating the market.
The Global Energy Price Surge: What’s Really Happening?
The world has been grappling with skyrocketing energy costs since the early 2020s, and the period between 2024 and 2025 has been no exception. Globally, electricity demand surged by a staggering 4.3% in 2024, outpacing overall energy demand and even GDP growth. Energy prices remained significantly higher in 2024 than they were in 2019, driven by the booming demand for gas and electricity, as well as the lingering effects of supply chain disruptions. The tech boom, fueled by advancements in AI and crypto, has led to an unprecedented increase in power consumption. Furthermore, the rising temperatures have resulted in increased energy usage, leading to a higher reliance on fossil fuels in 2024. However, it’s essential to note that these factors are not the only contributors to the surge in energy costs. Suppliers are passing on costs to consumers, resulting in households facing bills that are 10% higher in countries like the UK as of late 2024. Meanwhile, energy giants have amassed a whopping £457 billion in profits since the crisis began, while ordinary people are bearing the brunt of the costs. In Europe, UK households are shouldering the highest energy costs, with prices soaring 70% above normal levels and standing charges tripling over the past three years. This phenomenon cannot be solely attributed to inflation; rather, it is a direct result of policy-induced decisions. The lockdowns that disrupted supply chains, sanctions on Russia that drove up costs, and green mandates that restrict reliable fossil fuels while subsidizing unreliable solar and wind energy have all contributed to the current crisis. The consequence is a significant increase in expenses and a decrease in reliability, affecting everything from food production to manufacturing.
The Globalists’ Hand: WEF, IMF, World Bank Pulling the Strings
Here’s the scoop: the global power players – the World Economic Forum, International Monetary Fund, and World Bank – are now taking centre stage. These unelected organizations, comprised of bureaucrats and billionaires, are calling the shots from their plush headquarters in Davos and Washington D.C. Their so-called “green transition” agenda is actually a thinly veiled attempt to exert control, not save the environment. The WEF is touting investments in renewable energy and energy-efficient infrastructure as a way to “reduce reliance on volatile markets,” but what they’re really after is forcing countries to make costly shifts that will inevitably drive up prices.
The WEF’s own reports reveal that energy investment growth is slowing down, while prices are fluctuating wildly. Meanwhile, the IMF and World Bank are acting as the enforcers, using their significant influence to strong-arm countries into adopting uniform laws through trade agreements and loans. Born out of the Bretton Woods agreement, these institutions have a long history of meddling in economies, and their power grab during the 1980s debt crisis has given them control over entire nations. Now, they’re shifting their focus to “development” that prioritizes green initiatives over economic growth.
Their reports cherry-pick instances of falling energy prices, but conveniently ignore the fact that their policies – such as subsidizing intermittent energy sources and restricting fossil fuels – are actually creating shortages and price hikes. This brand of neoliberalism is having a devastating impact, from the United States to South Africa, where electricity prices have skyrocketed by 600% since 2007 due to privatization efforts. The ultimate goal of these globalists is a one-world system where national sovereignty takes a backseat to their “inclusive” trade and climate objectives. But who’s really paying the price? The ordinary person, who faces higher energy costs and, by extension, higher costs for everything else. All while the global elite jet set to forums to discuss the “geopolitical shocks” they’ve helped create.
Banking Corporations: The Financiers Fueling the Fire
Who is actually financing this chaotic situation? It’s the major banks, including Citigroup, JPMorgan Chase, and Goldman Sachs, that are playing a significant role. These banks are not just neutral observers; instead, they are actively influencing the energy market through their lending practices, derivatives, and greenwashing tactics. By generating more fees from green debt than fossil fuel financing, banks are driving up costs and depriving traditional energy sources of much-needed capital.
As they phase out loans for fossil fuel projects, they are creating “stranded assets” and supply shortages that cause energy prices to skyrocket. The use of derivatives, such as unregulated swap trades by Wall Street giants, has artificially inflated gas prices, resulting in record profits for Big Oil while consumers are forced to pay more. The volatility in energy prices has a ripple effect on the loan books and asset values of banks, but they are actually profiting from this instability.
At the same time, banks are aggressively promoting “sustainable lending” practices, which involve directing billions of dollars towards renewable energy sources that are not competitive without government subsidies, ultimately making energy less reliable and more expensive. The boards of major banks have significant ties to the clean energy sector, which influences their decision-making and favours green energy over affordable energy. This is essentially a massive transfer of wealth, where banks like BlackRock collaborate with IMF leaders at World Economic Forum panels to plan the “transition” to green energy, while ordinary people are left to deal with rising energy bills. Furthermore, the impact of rising interest rates should not be overlooked, as they increase the cost of capital for energy extraction, which is then reflected in higher energy bills for consumers.
Banking Corporations: ESG as the Weapon of Choice
Major financial institutions, such as BlackRock and Vanguard, are actively manipulating the market by utilizing ESG investing to cut off funding for traditional energy sources and redirect it towards more expensive alternative options. In reality, ESG has little to do with ethical considerations and is instead being used as a means of exerting control, where banks evaluate companies based on their “sustainability” and penalize those that continue to rely on fossil fuels. As the owners of significant stakes in nearly two-thirds of US utilities, these corporate giants prioritize their own profits over the affordability of energy for consumers. They incentivize the development of large, costly projects with guaranteed profits, ultimately passing the bill for unnecessary infrastructure on to the consumer. Research has shown that a company’s ESG performance has a direct impact on the costs associated with the energy sector, with high ESG scores resulting in lower bond yields but also forcing the divestment of cheap fuels, which in turn drives up overall prices. Furthermore, banks are issuing green bonds and ESG funds, investing in renewable energy sources that increase the risks associated with the transition to these new energy sources. According to Larry Fink, the CEO of BlackRock, the goal is to forcefully change behaviour and shape the market to suit their interests.
Billionaire CEO Patrick Bet-David is sounding the alarm on the unprecedented power wielded by BlackRock’s CEO, who oversees a staggering $10 trillion in assets and is using the Environmental, Social, and Governance (ESG) system to dictate corporate behavior. Notably, even Elon Musk has condemned the social aspect of ESG as “Satanic”, highlighting the deeply troubling nature of this system. The ultimate objective of these elite financiers is not just to accumulate more wealth – they already possess billions – but to exert total control over society by strong-arming companies into conforming to their ideology. A staggering 90% of S&P 500 companies are controlled by just three financial giants: BlackRock, Vanguard, and State Street. The ESG system has effectively become a weapon, allowing these powerful financiers to punish dissenting companies and reward those that toe the line. While politicians may come and go, these influential financiers seem to maintain their grip on power indefinitely, pulling the strings from behind the scenes.
A growing backlash is underway in the US, with intense pushback against Environmental, Social, and Governance (ESG) initiatives, as critics argue that the movement is driven more by ideology than economic sense. The consequences of this trend are already being felt, as banks prioritize globalist agendas over the needs of their customers, resulting in a scarcity of energy and higher prices, while simultaneously boosting their own profits. A stark example of this can be seen in investor-owned utilities, which have been accused of being essentially legalized theft, with regulators often in their pocket, allowing a corrupt system to exploit Americans and drain their finances. This toxic nexus of banks, global organizations, and weak policy-making is the primary reason why energy bills have skyrocketed by 25-29% since 2020, leaving many Americans struggling to make ends meet.
BlackRock & Wall Street Driving Up Your Energy Bills
Investigations are shedding light on how Wall Street powerhouses, including BlackRock and Vanguard, are driving up electricity costs. The majority of US power companies, which are owned by investors, prioritize profits over providing affordable energy to their customers. By rewarding these companies with fixed profit percentages, regulators are inadvertently encouraging them to take on bigger, more expensive projects, which often lead to unnecessary and costly infrastructure that customers are ultimately forced to foot the bill for. Critics argue that regulators, who are supposed to be protecting the interests of consumers, are instead siding with investors, perpetuating a corrupt business model that is draining Americans of their hard-earned money. This corrupt system, disguised as “energy policy,” is essentially a form of organized and legalized theft that is being carried out in broad daylight.
Written By Tatenda Belle Panashe
