NEW: The EU will announce a big bet on electrification next week to help it whether future energy crises.
The draft includes floating targeted amendments to ensure electricity is taxed less than fossil fuels, and doubling down on heatpumps.
Read more here 👇
www.bloomberg.com/news/article...
The European Union will float a series of measures next week to help the continent deal with the Iran war’s energy price fallout, as well as electrify the economy to avert future fossil fuel shocks.
