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Higher Fuel Surcharges Predicted Under Carbon Trading Scheme
A new EU surcharge on fuel could trigger a price spike as experts warn that politicians have severely underestimated the actual tax rate.
A new EU surcharge on fuel could trigger a price spike as experts warn that politicians have severely underestimated the actual tax rate.
According to Reuters, the total of recent cuts by the OPEC+ group, which includes Russia, has increased to 3.66 million bpd and accounts for 3.7% of global demand.
The plant closure adds to fears of deindustrialisation as Berlin announced a reduction in energy tariffs.
Less than a week after the Moldovan president claimed to reveal a Russian coup plot, are the warnings being realised?
The Hungarian position between Armenia and Azerbaijan is delicate. Mutual aid between Christian countries invites Hungary to support Armenia, but Hungary also has strong ties with Azerbaijan as a member of the Organisation of Turkic States.
Without the EU’s help in achieving energy independence from Russia, a total embargo on Russian fossil fuels is simply untenable in Central Europe.
Libya became the latest North African country to sign a gas deal with Italy as Meloni continues the diplomatic blitz of the region discussing energy security and migration.
Importing green hydrogen could be Europe’s best option for sourcing the ‘clean’ fuel, as it would be cheaper to buy it from other countries than produce it on the continent.
According to the company, the tax on ‘excess profits,’ whatever boon it might be for the EU’s coffers in the short term, is ultimately “counterproductive,” since it would scare off prospective investors.
The Russian army has been specifically targeting energy infrastructures. The aim of the conference was to put in place practical and concrete aid in the sectors identified as being the most in need.
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