European Commission pushing ahead with measures to tackle energy crisis

The European Commission is pushing ahead with emergency measures to tackle the energy crisis. Its president, Ursula von der Leyen, has called for cuts to electricity use. She has suggested a plan to raise more than US$140 billion from windfall taxes on energy firms to cushion consumers from soaring power bills. Delivering a State of the Union address at the European Parliament, Ms von der Leyen outlined a proposal to tackle high prices as the bloc grapples with an energy crisis fuelled by Russia’s invasion of Ukraine.

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