Green Tax Means Energy Bills Rise Even if Electricity Falls, Say Suppliers
Household energy bills are rising in the UK and will keep climbing even if wholesale electricity prices fall, suppliers have warned.

Household energy bills are rising in the UK and will keep climbing even if wholesale electricity prices fall, suppliers have warned.

The world is grappling with the worst energy crisis in generations however the U.N. has warned Europe a return to fossil fuels in response to soaring prices and winter shortages must not be considered under any circumstances.

German Chancellor Olaf Scholz has introduced a new plan to help ease the ongoing energy crisis for the upcoming winter, including subsidies for home heating and a bailout of a major gas supplier.

Russia shut off electricity supplies to Finland over the weekend, claiming that it had not received payments from Finland due to sanctions.

Economy Minister Robert Habeck has declared an early warning level over Russian gas supplies that has seen speculation of coming rationing.

Afghanistan’s power supply may be cut off in the coming weeks if the Taliban fails to pay outstanding electricity bills due to the country’s main energy providers in Central Asia, the Wall Street Journal reported Sunday.

ABOARD THE INS LAHAV — After a coronavirus-related delay, Israel’s navy is preparing for the long-awaited arrival of its next generation of missile boats — giving it a powerful new tool to defend its strategic natural gas industry from the threat of the Lebanese militant group Hezbollah.

Germany’s solar industry has crashed and burned after the government drastically cut its subsidies.
