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This is a slightly mysterious piece, signalling a potentially massive change in climate and energy policy in Europe, which could also be linked with what’s going on with energy and climate policy in the UK and Australia.

Reuters does not appear to have the whole story, if you consider this part of its article (i added emphasis):

“HOW MUCH WILL BE RAISED AND HOW WILL IT BE USED?

The government paper said the levy would raise revenues amounting to double-digit billions of euros.

The funds would be spent on ensuring all households received a “basis supply” of power at relatively low prices and would also be used to help reduce costs associated with transmission that form part of a consumer’s energy bill, the paper said.

A similar EU-wide cap could be brokered at a meeting of European energy ministers on Sept. 9.”