EU proposes steps to deal with energy crisis amid Iran war
Brussels has unveiled a toolbox to manage energy shocks, as concerns grow over fuel supplies and rising costs. It includes a push to decrease the bloc's reliance on fossil fuels.
EU proposes steps to deal with energy crisis amid Iran war
Brussels has unveiled a toolbox to manage energy shocks, as concerns grow over fuel supplies and rising costs. It includes a push to decrease the bloc's reliance on fossil fuels. Grouped from 3 articles across 3 sources.
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EU plans to cut electricity taxes to shield households from Iran war energy crisis
Brussels will relax state aid rules to allow member countries to offer ‘targeted and temporary’ support Europe live – latest updates The EU will cut electricity taxes and provide consumers with fresh incentives to ditch fuel-burning cars and boilers, the European Commission has announced, as the energy crisis from the Iran war speeds a shift to a clean economy. The plan, which foresees tweaking rules so that electricity is taxed less than oil and gas, aims to bring down bills while encouraging the move away from polluting devices that prolong reliance on foreign fuels. Continue reading...
Iran war shows "era of fossil fuel security is over," says U.K energy secretary
President Trump recently encouraged the U.K. to "drill baby, drill" in the oil-rich North Sea.
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