4 min read.Updated: 04 Jul 2022, 12:01 PM ISTBloomberg
Incentives like negative electricity rates and subsidies for energy efficient appliances can help Europe store up gas for the winter
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Negative oil prices were one of the craziest moments ever in the energy market. At one point in April 2020, a seller paid a buyer $40 for a barrel of West Texas Intermediate. We’re going to need another crazy moment if Europe is going to make it through the winter. How about this: Pay consumers not to consume electricity.
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