LONDON, Sept 13 (Reuters Breakingviews) – Natural gas is having its moment in the sun. The price of the fossil fuel in Europe has risen fivefold since last year, to more than 50 euros per megawatt hour. That has pushed power prices across the continent to their highest in over a decade, and presents both a problem and an opportunity for politicians preparing for November’s COP26 global climate conference.
Related posts
-
CM pays tribute to national unity, praises chairman Bilawal’s diplomatic role during India conflict
• Announces Rs42,000 as minimum wage• Condemns aggression gaianst Palestine, IranKARACHI (June 19): Sindh Chief Minister... -
Power Division Blocks Rs4.69/Unit FCA Relief for KE Consumers, Cites Push for Uniform Tariff Policy
ISLAMABAD: In a controversial move, the Power Division has blocked a proposed Rs4.69 per unit relief... -
Govt to Recover Rs1.938 Trillion from Power Consumers Over Six Years via Uncapped Surcharge
ISLAMABAD: The federal government plans to recover Rs1.938 trillion (\$6.7 billion) from electricity consumers across Pakistan...