The Pros and Cons of a High Energy Price Period With Unconditional Subsidies

Gaksimana: We identified these three main policy options going forward. The first one is to bridge the high energy price period with unconditional subsidies. But such strategy would be physically very costly, poses a significant risk of fragmentation to the U single market and possibly most importantly it can only succeed if internationally competitive energy supplies are made available swiftly. It's a bridge idea, it only works if we at some point managed to return to very cheap imported energy right in the meantime there's the question of who provides the support.