THE GUARDIAN: Levy could raise €140bn, and energy ministers also set targets to cut electricity use
EU energy ministers have agreed to levy windfall taxes on energy companies’ profits, and to cut electricity use, but remain at loggerheads over proposals to cap the price of gas.
Meeting in Brussels on Friday, the bloc’s 27 energy ministers signed off on proposals to levy a “solidarity contribution” on fossil fuel producers that have benefited from soaring energy prices. » | Jennifer Rankin in Brussels | Friday, September 30, 2022
