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EU must slash fossil gas use, but need for regulation still unclear, official says

By Giulia Bedini ( November 3, 2021, 18:28 GMT | Insight) -- Reducing Europe's use of fossil gas may well require regulatory intervention, an EU energy official suggested today, although the European Commission hasn’t yet made up its mind. It is "actively" thinking about whether the market can provide answers or whether "other intervening mechanisms" will be needed, said Brendan Devlin, an adviser at the commission’s energy department. Reducing Europe's use of fossil gas may well require regulatory intervention, an EU energy official suggested today, although the European Commission hasn’t yet made up its mind....

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