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  /  EMEA, EU ETS  /  No Comments

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.

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