EU plans to cut electricity taxes to shield households from Iran war energy crisis

Brussels will relax state aid rules to allow member countries to offer targeted and temporary supportEurope live - latest updatesThe EU will cut electricity taxes and provide consumers with fresh incentives to ditch fuel-burning cars and boilers, the European Commission has announced, as the energy crisis from the Iran war speeds a shift to a clean economy.The plan, which foresees tweaking rules so that electricity is taxed less than oil and gas, aims to bring down bills while encouraging the mo...