The state will cover the huge price tag at a time when many in Britain are struggling to pay their bills and are bracing for a difficult winter.
Tag: Prices (Fares, Fees and Rates)
Ostracized by the West, Russia Finds a Partner in Saudi Arabia
The two oil-producing countries have extended their partnership even as the United States and Europe have sought to punish and isolate Russia for invading Ukraine.
Poverty, Plunging
Child poverty in the U.S. has fallen by more than half since the early 1990s.
Thousands of Angry Indonesians Gather to Protest Rising Fuel Prices
Labor activists, workers and students are demanding a reversal of an economic policy that the government says is necessary but remains deeply unpopular.
As Crises Mount, Europe Turns Once Again to Big Spending
The standoff with Russia over Ukraine and rising energy prices are rapidly overturning European economic orthodoxy, with barely a peep of dissent.
Liz Truss, New UK Leader, Lays Out Energy Price Cap Plan
Facing severe economic headwinds, Prime Minister Liz Truss announced emergency measures to freeze gas and electricity rates.
EU Leaders Say Putin’s Gas Power Is Weakening
In Germany and elsewhere, leaders are growing more confident that months of work to stockpile and line up alternate energy sources may help them blunt Russia’s weaponization of exports.
E.U. Weighs Russian Gas Price Cap Amid ‘Astronomic’ Energy Prices
The bloc is also considering mandatory cuts in electricity use and taxes on oil and gas companies.
Breaking Taboo, Germany Extends Life of 2 Nuclear Reactors
The step is intended to cushion a growing energy crisis in Europe but could upend the country’s plans to become the first industrial power to shutter its program.
Hawaii Closes Its Last Coal-Fired Power Plant
A state law bans the use of coal for energy production beginning next year.