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EU chief Ursula von der Leyen also calls for windfall taxes on energy companies in a keynote speech.
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The EU approach to the energy crisis is notably different to that of the UK, with EU chief, Ursula von der Leyen outlining plans to reduce peak time consumption by 5% and also to impose a windfall tax on energy companies.
It will be interesting to see whether our approach of borrowing to protect consumers and less focus on reducing consumption or improving energy efficiency, and no apparent thought of a windfall tax will pay dividends.