Latest Energy policy News

Right-wing leader in Italy slams Europe on energy policy

Sep. 30, 2022 12:36 PM EDT

MILAN (AP) — Italian right-wing leader Matteo Salvini on Friday criticized Germany and other European Union nations for not working together on a common response to the energy crisis but instead “protecting their own interests.” “The European Union in these days, in these...

Labour conference starts with focus on 'immoral' tax cuts

Sep. 25, 2022 08:14 AM EDT

LONDON (AP) — Britain’s opposition Labour Party opened its annual conference Sunday, with leaders attacking the “immoral” tax-cutting of the new Conservative government. The event, this year taking place in the northern city of Liverpool, kicked off two days after the U.K...

Spain plans tax hike for millionaires to help those in need

Sep. 23, 2022 08:22 AM EDT

MADRID (AP) — Spain’s Socialist-led coalition government is planning a temporary higher tax rate on the richest 1% of the country from next year, in addition to its windfall taxes on large energy companies and banks. “We are proposing a redistribution of the effort, among those...

France's Macron seeks 'massive' boost for renewable energy

Sep. 22, 2022 09:58 AM EDT

SAINT-NAZAIRE, France (AP) — French President Emmanuel Macron on Thursday called for a “massive acceleration” of renewable energy development in his country, including offshore wind farms and solar power, via a new plan that seeks to bring lagging France closer to the energy policies of its...

Spain cuts natural gas sales tax to help people with costs

Sep. 20, 2022 08:58 AM EDT

MADRID (AP) — Spain will temporarily slash sales tax on natural gas from 21% to 5% to help consumers face rising energy costs this winter as Russia has cut back gas exports to Europe amid the war in Ukraine. Terera Ribera, Spain’s minister charged with energy policy, said Tuesday...

Energy crisis key to Italy's election — but not conservation

Sep. 20, 2022 02:17 AM EDT

MILAN (AP) — Giambarini Group’s plants in northern Italy must keep zinc baths that rustproof steel and iron parts super-heated around the clock, seven days a week, an energy-intensive process that has grown exponentially more costly as natural gas prices spike. Methane to create...

After climate bill passage, WVa natural gas plant unveiled

Sep. 16, 2022 15:57 PM EDT

CHARLESTON, W.Va. (AP) — A Maryland company announced Friday it will build a natural gas power plant designed to capture climate-changing carbon in West Virginia. Officials said it was made possible by a recently signed law embraced by Democratic Sen. Joe Manchin that gives tax breaks for...

Manchin's big energy deal draws pushback from many Dems

Sep. 10, 2022 11:58 AM EDT

WASHINGTON (AP) — Democrats desperately needed the vote of Sen. Joe Manchin of West Virginia to get their signature legislative priority across the finish. So they did what Washington does best: They cut a deal. To help land his support for a bill hailed by advocacy groups as the...

UK leader Truss vows energy relief, rules out windfall tax

Sep. 07, 2022 12:04 PM EDT

LONDON (AP) — Newly installed U.K. Prime Minister Liz Truss told Parliament on Wednesday that she would tackle Britain's “very serious” energy crisis while still slashing taxes, ruling out imposing a windfall levy on oil companies to pay for her plans to offset the soaring cost of heating and...

Indonesia hikes fuel prices by 30%, cuts energy subsidies

Sep. 03, 2022 07:54 AM EDT

JAKARTA, Indonesia (AP) — Fuel prices increased by about 30% across Indonesia on Saturday after the government reduced some of the costly subsidies that have kept inflation in Southeast Asia’s largest economy among the world’s lowest. Indonesians have been fretting for weeks...