Is Setting A Price Cap One Of The Worst Solutions?

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Credit: Maxim Hopman/Unsplash

Without compromising the market, there are better ways to assist consumers and promote renewable energy, as reported by Bloomberg.

Gas price cap

Once again, the European Union is at a standstill. Governments must come up with strategies to lessen the shock of high costs, safeguard the weak, discourage consumption, and hasten the transition to alternative energy sources as a result of Russia’s withholding of the gas supply.

Sadly, EU officials are experimenting with a...

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