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Germany's upper house clears state relief on gas prices

The German Parliament's upper house - Bundesrat - on Monday approved the federal government's plan to cover December's gas bill for households and certain businesses. The payment is intended to bridge the gap until the planned introduction of the gas price brake next March.

read more... 15/11/2022

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EU informally agrees stronger carbon price control

EU negotiators have reached an informal accord on a stronger carbon price control mechanism as part of ongoing talks to reform the EU ETS, a key European Parliament member said on Friday.

read more... 14/11/2022

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EU ministers back €20 billion plan to ditch Russian fossil fuels

EU finance ministers reached a deal on Tuesday (4 October) to raise €20 billion from the bloc’s carbon market to support the transition away from Russian energy, opening the way for talks with the European Parliament to finalise the plan.

read more... 06/10/2022

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Lawmakers close in on EU carbon market ‘frontloading’ to lower energy prices

Political groups in the European Parliament announced a deal on Tuesday (27 September) that will see the equivalent of €20 billion taken from the EU carbon market in a bid to finance the move away from Russian fossil fuels and lower consumer energy bills.

read more... 29/09/2022

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Slovenian government projects €5 billion for 2023 to combat the energy crisis

The government is planning measures worth nearly €5 billion to fight the energy crisis in 2023, Prime Minister Robert Golob announced in parliament on Monday (26 September).

read more... 28/09/2022

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