It is important to keep in mind that the forecasts depend on many parameters you assume. One of these is the price elasticity of those investors who hold the bonds in the private sector. Building on past experience, these investors have proven more willing to sell, even in response to relatively small price adjustments, than we had anticipated.
Cheaper and more available green energy also contributes towards meeting our CO2 emission targets. Despite this opportunity appearing in such a tragic circumstance of war, policymakers cannot afford to miss the move-away from fossil fuels by directing public funds that are available towards expanding the renewables sector.