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  /  No Comments

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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