Posted on 10/06/2021 1:03:12 PM PDT by Oldeconomybuyer
BRUSSELS (AP) — The European Union on Wednesday urged member countries to provide relief funds to consumers and small businesses hit hardest by rising gas and electricity prices, as criticism mounts that the bloc’s climate change fighting policies are fueling the problem.
In recent days, France and Spain have led the charge for change to the rules governing EU energy markets as the price surge ramps up already-high utility bills and increases pressure on many people already hit hard by the coronavirus pandemic.
Energy prices in Spain have reached all-time highs since the summer. The cost of electricity is set to climb Thursday to 288 euros ($332) per megawatt hour (MWh), a 26% rise over Wednesday’s price.
EU Energy Commissioner Kadri Simson said that “providing targeted support to consumers, direct payments to those most at risk of energy poverty, cutting energy taxes, shifting charges to general taxation, are all measures that can be taken very swiftly under EU rules.”
Hungarian Prime Minister Viktor Orban blamed higher energy prices on the EU Commission’s “Green Deal” policies for fighting climate change, which aim to reduce greenhouse gas emissions 55% by 2030 compared to 1990 levels and make the trading bloc carbon-neutral by 2050.
But commission Executive Vice-President Frans Timmermans said that “the EU climate law is our guiding principle, and we will not open that law again.” He said “the quicker we increase our renewable energy sources, the quicker we can protect our citizens against price hikes in the traditional energy area.”
(Excerpt) Read more at apnews.com ...
Dear EU,
Forget that nonsense and just let free market solutions solve this.
Sincerely,
Ben
Energy TAXES, they mean.
What, the social market economy reject itself in favor of the free market?
We must do more of what is failing to fix what is failing!
Green Energy => Energy Poverty
The poor hurt worst.
Really terrible policy.
They will never admit that more government is never the answer — particularly for problems like this which government created in the first place.
Failing that, just ask Pedo Joe. He ain’t as interested in U.S. citizens that much.
stooopid should hurt...
Expansion of government is what the EU was founded on. Domination of all member states, except for one particular member who got the euro currency based on its former national currency and who got the European Central Bank situated on its soil.
The EU treaties, which they use as constitutions of law, all express “respect for the principles of the Charter of the United Nations”, that charter having been based on the 1936 Constitution of the USSR courtesy of Alger Hiss.
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