Madrid and Lisbon are proposing to Brussels to cap the price of gas at €30 in order to halve the price of electricity. This is a temporary special measure for the two countries, which are poorly connected to the European energy network and do not rely on Russian gas.
By Table.Briefings
As the world frantically pushes for new investments in oil and gas supplies, the Intergovernmental Panel on Climate Change warns in its new report that investments are stranded. The 1.5-degree target would require greenhouse gas emissions to be nearly halved by 2030.
By Manuel Berkel
As of today, according to the Kremlin, Russian gas is to be paid for only in rubles. But because the Western countries insist on the contractually agreed payment in euros or dollars, the Kremlin has come up with a detour via Gazprom Bank. However, this is unlikely to change anything.
By Lukas Knigge
Energy was one of the most controversial topics at the European Council. When it comes to security of supply, the EU states want to involve their eastern neighbors even more; and with regards to prices, relief was signaled for Portugal and Spain.
By Eric Bonse
