EU Says No to Natural Gas Price Cap
Price caps on electricity, which are meant to protect retail customers from soaring production costs, can cause supply shortages.
Price caps on electricity, which are meant to protect retail customers from soaring production costs, can cause supply shortages.
Germany’s disaster management officials examined what a major disruption of natural gas supply would entail and the results are chilling.
German and U.S. governments capitulate to oppressive regimes in their search for Russian energy and oil alternatives.
The German Agora Institute proposed the introduction of a new car toll to compensate for the loss of tax revenue that will follow the transition from gas to electric vehicles. It is the latest proposal of an institute with strong ties to Germany’s Green lobby.
The Kazakh president has described the protesters as terrorists with foreign training, and has given the go-ahead for counter-terrorist action, including orders to “shoot to kill without warning” in the event of further disturbances.
Critics in the U.S., Ukraine, and Poland warn that approval will increase Russia’s leverage over Europe, pit EU member states against each other, and deprive Ukraine of transit revenues, putting Ukraine in a less advantageous bargaining position.
The Russian gas company reassured EU its gas is flowing normally.
Russia defends itself against the accusations of manipulations.
Ukraine must remain a reliable transit country, Ursula von der Leyen said.
Moscow urged German regulators to quickly certify the Nord Stream 2 pipeline to help.