Gas price caps and consumer subsidies are costly and futile

Instead of an EU-wide price cap on gas, risking a spiral of higher import prices and subsidies,  consumers should have the right incentives to reduce their gas consumption, writes Daniel Gros.

Gas
Instead of subsidising consumption through a price cap, governments should subsidise gas savings, for example by paying households for consuming less this winter than last winter, writes Daniel Gros. [<a href="https://www.flickr.com/photos/192004829@N02/51898543367/" target="_blank" rel="noopener">The Focal Project / Flickr</a>]

Want to keep reading?

Get a subscription on Euractiv Pro and elevate your political insight!

Discover Euractiv Pro For corporations

Already have an account?