The German government ponders the optimal design for a new gas tax as household gas costs are projected to triple
Germany's government is searching for methods to minimize the cost explosion for consumers as concerns over the country's increasing gas prices deepen. A new state tax on gas is still being planned by the government for introduction in October, which…
To combat rising energy costs, the French government injects $2.4 billion into EDF
Reactor outages and the new government power price cap have caused a profit fall at the French utility. EDF, France's state-owned energy company, will receive €2.1bn ($2.4bn) from the French government to offset the effect of nuclear plant outages and…
Following COP26, the price of carbon in Europe has reached an all-time high
Since the start of the year, the price of carbon has more than doubled, as countries seek to mitigate its effects through new accords. Following the COP26 climate summit, the European carbon price has reached a new high of €66…