With this, the last climate/energy decision of 2022 has been taken. A typical European compromise with high triggerpoints, a suspension mechanism and starting only Feb 15. But hey, the cap is there. Merry Christmas.
RT @EU2022_CZ: ⚡️ #TTE Energy | DEAL! 👏 Ministers agreed on the temporary gas market correction mechanism.

The instrument will protect citizens from excessive energy prices without jeopardising security of supplies and functioning of the markets.

#EU…

🐦🔗: https://n.respublicae.eu/BasEickhout/status/1604900936656293908