As prices soar, Britain is poised on Thursday to join other countries in tightening control of gas and electricity markets, reversing years of free-market policies.
Tag: Prices (Fares, Fees and Rates)
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Shock Waves Hit the Global Economy, Posing Grave Risk to Europe
The threat to Europe’s industrial might and living standards is particularly acute as policymakers race to decouple the continent from Russia’s power sources.
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EU Leaders Say Putin’s Gas Power Is Weakening
In Germany and elsewhere, leaders are growing more confident that months of work to stockpile and line up alternate energy sources may help them blunt Russia’s weaponization of exports.
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E.U. Weighs Russian Gas Price Cap Amid ‘Astronomic’ Energy Prices
The bloc is also considering mandatory cuts in electricity use and taxes on oil and gas companies.
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Steeper Winter Heating Bills Loom, With Less Federal Aid
Energy costs are expected to rise even faster than overall inflation, but a key assistance program will lack the extra funds it got for Covid relief.