Allies Bolster Energy Defenses as EU Moves on Gas: Energy Update
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European Union energy ministers backed an initial package of measures to tame the gas crisis, and the bloc pledged to come forward with more next week as the crisis only intensifies.
Ministers signed off on a deal to curb power demand and grab profits from energy companies to redistribute to struggling consumers. But amid clamor for more action and criticism the commission has been too slow to act, Energy Commissioner Kadri Simson promised to do more.