EMEA > Brussels advances €140 bln profit-grabbing measure, binding 5% power demand curbs

Brussels advances €140 bln profit-grabbing measure, binding 5% power demand curbs

Published 11:28 on September 14, 2022  /  Last updated at 00:27 on September 17, 2022  / Federica Di Sario /  EMEA, EU ETS

The European Commission will stick to its plans to propose a windfall levy on non-gas power generators in an attempt to redistribute what it sees as excess profits among households and businesses grappling with an unprecedented cost-of-living crisis, President Ursula von der Leyen announced on Wednesday.
The European Commission will stick to its plans to propose a windfall levy on non-gas power generators in an attempt to redistribute what it sees as excess profits among households and businesses grappling with an unprecedented cost-of-living crisis, President Ursula von der Leyen announced on Wednesday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.