EU Considers Extending Energy Crisis Measures and Targeting Methane Pollution

The European Union is considering extending emergency energy measures, including a gas price cap, for a year to guard against future price shocks and accelerate the build-out of renewable energy. The EU aims to reduce methane emissions by imposing rules on the energy sector, targeting major energy importers. The EU plans to extend emergency energy measures due to ongoing conflict in the Middle East and concerns about the security of the region’s gas infrastructure.