'An investor's worst nightmare': Energy rationing spells greater chaos for supply chains

Business confidence falls

clock • 4 min read

While Putin foments disunity over energy in the West, the crisis around supply has raised questions about the potential for energy rationing this winter.

With a temporary reduction in supply and the reality of permanently higher costs for energy-intensive industries, experts told Investment Week there would be winners and losers. The European Commission has finalised emergency legislation imposing a six-month voluntary 15% gas reduction across the EU, however some countries will have exemptions and allowances. This greatly watered-down version of the original proposal to ration gas across the bloc was the result of strong opposition from Spain, Portugal and Greece, who protested it was Germany's 50-year over-reliance on Russian energy ...

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