Tag: Oil

Energy: 5 Von Der Leyen Proposals, 5 Failures today

  Ministers agreed that the energy issue is urgent, but they decided nothing. Gathered in Brussels for an extraordinary meeting, the 27 energy ministers said no to the 5 recipes of the president of the EU Commission, Ursula von der Leyen, to deal with extraordinary measures on energy. All decisions will be sent as new proposals to

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EU Gas Cap, Tax on Extra Profits and EU State of Alert

On 9 September 2022, a new meeting of the Council of Energy Ministers of the EU Council. On the table 3 discussions and possibly decisions: “gas cap”, “state of alert” and “tax on unexpected extra profits on energy”. Member States are divided on these three von der Leyen’s proposals. Gas cap means two things: setting

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EU Revolution on Energy

There is a double urgency to transform Europe’s energy system: reducing EU dependance on fossil fuel imports and tackling the climate crisis. EU has important objectives on climate change and the current tensions on energy market suggest to accelerate measures on energy savings, diversification of suppliers, renewables and to replace fossil fuels consumption in industry

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