Published 2 years ago

EU countries approve energy windfall levies, turn to gas price cap

Summary by Ground News

European Union energy ministers were set Friday to adopt a package of measures including a windfall levy on profits by fossil fuel companies, but a deal on capping gas prices remained off the table.

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BBC News

EU agrees windfall tax on energy firms

The EU has agreed to implement levies on energy firms which are benefiting from soaring gas prices.

2 years ago·United Kingdom

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The Guardian

UK isolated as EU agrees windfall tax on energy firms

Levy could raise €140bn, and energy ministers also set targets to cut electricity use

2 years ago·London, United Kingdom

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Reuters

EU countries to back energy windfall levies, lock horns over gas price cap

European Union countries meet on Friday to approve emergency levies on energy firms' windfall profits and launch talks on their next move to tackle Europe's energy crunch - possibly, a gas price cap.

2 years ago·United Kingdom

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Associated Press News

EU adopts levy on excess energy profits, no gas price cap

BRUSSELS (AP) — European Union energy ministers on Friday adopted a package of measures to ease an energy crisis, including a levy on windfall profits of fossil fuel companies, but

2 years ago·United States

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abc News

EU ministers adopt windfall levy, no deal on gas price cap

Energy ministers from the 27 European Union countries have agreed to adopt a set of measures aimed at mitigating the impact of the energy crisis

2 years ago·United States

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Irish Independent

EU set to adopt windfall levy on fuel profits, but no deal yet on gas price cap

European Union energy ministers are set to adopt a package of measures including a windfall levy on profits by fossil fuel companies, although a deal on capping gas prices remains off the table.

2 years ago·Ireland

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