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Mmastodon EnvironmentEnergy first seen 1 d ago, last 22 min ago, peak #8

EU paid over $113 billion extra for energy imports

Original: Same oil & gas... but for a much bigger bill. EU countries have paid over US$113.5 BILLION EXTRA for energy imports sinc

EU countries have paid more than US$113.5 billion in extra costs for oil and gas imports since the conflict involving Iran began, according to Greenpeace. The group argues governments must shield households from the price shock and accelerate investment in domestically produced wind and solar energy to reduce dependence on imported fossil fuels.

Why now: Energy prices and import costs are rising amid the Middle East conflict, putting pressure on EU governments to respond.

European UnionGreenpeaceIran

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