German Coalition Negotiators Agree to Abolish Gas Storage Levy
The incoming government has said it wants to lower energy bills for companies and consumers by at least 5 cents per kilowatt-hour.
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Germany’s conservatives and Social Democrats agreed to abolish its gas storage levy in an effort to lower energy bills.
“We will abolish the gas storage levy for everyone,” according to a working paper prepared earlier this week as part of talks to form a new coalition government.