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Tag: gas levy

Germany Scraps Gas Levy, Introduces Gas Price Cap

David Boos October 2, 2022

German Chancellor Olaf Scholz announced the end of the gas levy and the introduction of a gas price cap to the tune of €200 billion in loans as a ‘double whammy.’ The minister of finance defiantly called the decision a “crystal clear reply to Putin.”

German Gas Levy to Be Scrapped

David Boos September 29, 2022

The much-maligned German gas levy is about to be scrapped, said leading politicians of the governing SPD. What will replace it, however, is yet to be decided. Green politicians are lobbying for filling the financial gap with tax money.

Germany to Rework Gas Levy

David Boos August 30, 2022

Germany’s gas levy was meant to help large energy providers in financial distress, but after learning that successful companies who continue to make billions of profits applied for support as well, the levy will be reworked.

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Issue 25, Winter 2023

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