High gas prices: FDP calls for expansion of German gas extraction
Gas prices high, storage levels low - what to do? The FDP is counting on, among other things, making greater use of domestic deposits. Also with the help of a controversial method.
Germany's FDP party is calling for a diversification of energy suppliers and an increase in domestic energy production due to high gas prices and low storage levels. FDP Secretary-General Martin Hagen suggested that fracking could be a viable option, with environmental risks minimizable through proper regulation. He also advocated for new international energy partnerships within the EU and with Mediterranean partners.
Hagen stated that taxes, fees, and levies account for around 30% of Germany's gas price, which the party aims to reduce to ease the burden on citizens and businesses. The FDP blames the government's energy policy for the historically low storage levels.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
