Faced with rising energy costs, geopolitical instability and mounting pressure on Europe's power grids, the European Commission wants to make electricity taxation more favourable than natural gas in a bid to lower bills, according to a document seen by Euronews.
The measure would be a partial response to industry demands that the EU lower electricity bills while accelerating the bloc's efforts to electrify transport, heating and industry and removing fiscal incentives that currently encourage continued reliance on fossil fuels.
