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Various measures both long- and short-term are viable in solving the issue of the current, sky-rocketing price of electricity in Estonia, economics affairs minister Taavi Aas (Center) says. Most concretely, Aas says the threshold below which households can receive help with paying their bills can be nearly doubled.
The government approved Thursday an order to provide a €88.25 million subsidy to electricity network providers. The measure is one of two already given the go-ahead and aimed at combating record energy prices experienced this fall and as winter approaches.
Countries should resist raising government support for fossil fuels in response to the global surge in energy prices and the economic impacts of the pandemic, according to the OECD and IEA. Instead, given the existential threat of climate change and the need for a green recovery, they should accelerate investment in sustainable energy infrastructure and ...
Energy price surge underlines need to accelerate clean energy transitions rather than subsidise fossil fuels
Australia Seeks 12 MH-60R Maritime Helicopters Worth $985M