Europe To Ease Energy Crisis By Raising Taxes

The EU approves a plan to “ease an energy crisis” by making energy more expensive through taxes.

EU adopts levy on excess energy profits, no gas price cap | AP News

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4 Responses to Europe To Ease Energy Crisis By Raising Taxes

  1. Gamecock says:

    ‘including a levy on windfall profits of fossil fuel companies’

    Is the teaching of economics banned in the EU?

    Supply and demand are out of whack, but they will punish creating more supply. And subsidizing the purchase with the people’s own tax money is a bizarre opiate.

  2. rah says:

    Energy prices in Europe were skyrocketing BEFORE Russia invaded Ukraine.

  3. rah says:

    Don’t let them get away with that Russia, Russia, Russi excuse. Their energy policies are the primary cause of the suffering and death their citizens are going to suffer. At least it seems Britian is staring to realize that with their ending the ban on fracking and I suspect that with the change in politics in Italy they may soon start to turn their ship around. But none of that is going to change what happens this winter.

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