Brussels Calls on EU Member States to Slash Natural Gas Use
With tensions growing over the war in Ukraine and Russia’s energy cuts, the European Union’s executive arm is calling on member nations to cut natural gas consumption by 15% between August and next March to avoid what it calls energy ‘blackmail” — and its potentially catastrophic economic fallout. The EU’s executive branch wants the 15% cuts to be across the board and, for now, voluntary, but seeks the power to make the reductions mandatory if Moscow deeply or completely cuts its gas exports to the bloc. “We have to be proactive. We have to prepare for a potential full …