Italy’s idea that the EU impose a cap on natural gas prices has emerged as the “only sustainable solution” to soaring energy prices, Italian Energy Transition Minister Roberto Cingolani said at an energy conference in Rome on Tuesday. Weeks ago, Italy proposed to the other EU member states that they place a cap on the price of gas in order to tame soaring inflation and skyrocketing energy prices in the 27-member bloc.
Other EU countries have expressed doubts that a price cap would work. At the end of May, Italy’s Prime Minister…The EU Is Considering Capping Gas Prices
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