This may include adverts from us and 3rd parties based on our understanding. Two rounds of negotiations that lasted for hours resulted in nowhere as EU leaders failed to agree on a common response to the bloc's energy crisis. The cause of Europe's steep energy prices, which have hit record highs since the summer, caused a lot of disagreement. The cost of natural gas has surged more than 600 percent this year due to a combination of factors - dwindling supplies, increased demand for power post-pandemic, and alleged foul-play from Russia.
You can get up to 50 credit by joining EDF and get a 50 credit. You can fix your prices for two or three years. Bundle your tariff with smart devices or boiler care. We may get a commission on any sales we make from the box because we may have affiliate links. A coalition of eastern European nations pointed the finger at Europe, with leaders of Poland and the Czech Republic criticising the EU's carbon emission trading system ETS Charles Michel, the European Council president, said last night: "There is not a secret that there are different opinions around the table. Poland and the EU are already at loggerheads over the compatibility of Polish and European law. In an interview just before the summit, Polish Prime Minister Mateusz Morawiecki shamed the EU's irrational carbon-trading scheme, saying that if we do not take the right action, its costs will be covered by ordinary citizens. At the summit, Mr Morawiecki went on to brand the ETS as a European energy tax. He was backed by Czech energy minister Karel Havlicek who called for the scrapping of the ETS scheme. With no agreement in sight, the leaders agreed to address the energy crunch at the next summit. The EU's ETS has been described as a cornerstone of the bloc's fight against climate crisis.