Brussels will relax state aid rules to allow member countries to offer ‘targeted and temporary’ support
The EU will cut electricity taxes and provide consumers with fresh incentives to ditch fuel-burning cars and boilers, the European Commission has announced, as the Iran war energy crisis speeds a shift to a clean economy.
The plan, which foresees tweaking rules so that electricity is taxed less than oil and gas, aims to bring down bills while encouraging the move away from polluting devices that prolong reliance on foreign fuels.
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This article was originally published by The Guardian and written by Ajit Niranjan.
Read original article on The Guardian