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Mmastodon EnvironmentEnergy first seen 2 d ago, last 2 h ago, peak #8

EU paid $113.5 billion extra for energy imports since Iran war began

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

Greenpeace says EU countries have spent more than US$113.5 billion above normal on oil and gas imports since the war on Iran started, despite buying the same volumes of fuel. The group argues governments must shield households from the price shock and accelerate investment in domestic wind and solar power as a response.

Why now: The war on Iran has pushed up energy import costs, making the bill for European consumers a live political issue.

GreenpeaceEuropean UnionIran

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