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Published: 17:43, November 24, 2022
Polish climate minister says EU gas cap proposal is a 'joke'
By Reuters
Published:17:43, November 24, 2022 By Reuters

Polish Minister of Climate and Environment Anna Moskwa speaks as she takes part in an extraordinary meeting of European Union energy ministers in Brussels, Belgium July 26, 2022. (JOHANNA GERON / REUTERS)

WARSAW The European Union's gas price cap proposal is a 'joke', Polish climate minister Anna Moskwa said on Thursday.

Moskwa's criticism followed disagreement among the 27 European Union countries on Wednesday over a proposal to cap future gas prices at 275 euros per megawatt hour (MWh).

The gas cap proposal is key, but what emerged the day before yesterday is a joke

READ MORE: EU gas cap seen in place for one year, countries spar over price level

"The gas cap proposal is key, but what emerged the day before yesterday is a joke. it was presented at the last moment and deviates from what had been proposed before and isn't acceptable as it's higher than current market prices," Moskwa said in Brussels.

As many as 15 EU countries including Poland, Italy and Greece want a cap, while a camp led by Germany argues that a cap could hamper gas supplies.

READ MORE: IEA: Europe could risk gas shortage in 2023

"I don't know if there's anyone who could back this proposal; it's not even a start to a discussion," Moskwa added.

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