EU delays climate rules to cut fuel prices
Part of composite article Fuel Crisis Hits Europe: Diesel Prices Soar, Spain Inflation Jumps to 4.9%, EU Fuel Bill Up €100bn View full article →
The European Union may postpone its greenhouse gas monitoring rules by one year. Energy Commissioner Dan Jorgensen proposed the delay at a summit of EU countries.
Jorgensen said the EU expects a "challenging" winter with "very high prices." The delay is meant to ease rising fuel costs.