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EU proposes $140 billion plan to rein in soaring energy prices

Por: CNN Business October 03, 2022

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London CNN Business  —  The European Union wants to raise €140 billion ($140 billion) by tapping the windfall earnings of some energy companies to help households and businesses pay eye-watering gas and electricity bills. On Wednesday, the European Commission proposed skimming off excess revenue from renewable and nuclear electricity producers, and taxing the windfall profits of oil and gas companies. Profits at power generators using... + full article



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