EU energy ministers rubberstamp gas-cutting measures, but opt-outs remain

Published 20:08 on August 5, 2022  /  Last updated at 20:08 on August 5, 2022  / /  EMEA, EU ETS

The European Council agreed on Friday to officially adopt a regulation mandating a voluntary reduction of gas consumption by 15% by Mar. 2023, including the possibility to back a so-called ‘Union alert’ where the target would become mandatory.
The European Council agreed on Friday to officially adopt a regulation mandating a voluntary reduction of gas consumption by 15% by Mar. 2023, including the possibility to back a so-called ‘Union alert’ where the target would become mandatory.


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