The EU Commission presented its toolbox against high energy prices on Wednesday and outlined a two-part approach to solving the problem: In the short term, the EU states could help consumers and industry with emergency measures. In the long term, strategic measures should prevent further price shocks.
By Timo Landenberger
Methane accounts for only ten percent of all greenhouse gas emissions in Europe. However, in the short term, it is around 80 times more harmful to the climate than carbon. Experts say that emissions could be significantly reduced, especially in the energy sector. The EU is planning a law to this effect and also wants to bring third countries on board.
By Timo Landenberger
The Director of the Brussels-based think tank CEPS does not see any dangerous inflationary dynamics in Europe despite rising commodity and energy prices. The situation in the USA is different.
By Redaktion Table
Gas prices, and with them energy prices, are on a roller coaster ride. There is disagreement about the right lessons to be learned from the price hike. Some countries call for an energy union in which the EU Commission negotiates gas contracts for the member states. Others – including Germany – are critical of far-reaching market reforms.
By Lukas Knigge
