Start Up Energy Transition (SET)'s post

Start Up Energy Transition (SET)

27 w

Soaring oil prices, a direct consequence of the #energycrisis has us all worried about our heating and electricity bills. Here is how the German government plans to cushion the economic blow for energy companies and consumers: 📉 The German government has lowered sales tax on oil from 19% to 7%, a move that the European Commission had previously refuted. 📅 The reduced tax rate will apply as long as the increased tariffs will be charged, which have been imposed from 1 October. 💶 Germany has also agreed a €15bn bailout of Uniper, its largest oil purchaser. 🚄 From price freezes to cheap public transport, countries are turning to a variety of measures to reduce costs. German states will be introducing a €49 monthly ticket, valid on public and regional transport. For more on Germany’s move to tackle the #energy crisis and how it impacts YOU, check out this article by Deutsche Welle 👉 #energycrisis #measures #taxrelief Picture source: via depotstudent website

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