Tag Archives: EU Commission

EU Commission: fossil fuel and nuclear subsidies distort market

Subsidies for nuclear and fossil fuels distort competition between different energy sources and increase the overall cost to society of electricity generation, the European Commission states today in a series of non-binding documents on state intervention in energy markets. “EU taxpayers gave over EUR26 billion to fossil fuels in 2011, the documents show. It is … Continue reading EU Commission: fossil fuel and nuclear subsidies distort market

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