A European Commission proposal to limit the price of gas, which it presented ahead of a crucial meeting of energy ministers on Thursday (24 November), was immediately slammed by experts and politicians alike.
A group of 15 countries, including Spain and Greece, had pushed for a price ceiling to prevent gas prices from reaching the extreme heights seen in August.
But the commission plan capped the price at €275 per megawatt-hour and would only activate if prices exceeded that lev...
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Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.