Are price caps “a joke”?

Many EU nations are introducing revenue caps and/or windfall taxes on power production to help consumers cope with soaring energy costs. The European Commission has also proposed wholesale gas market ceiling of EUR 275/MWh. Listen to a discussion why some member states have labelled this as “joke” and why price caps could have a long-term detrimental effect on Europe and will not alleviate the current gas crisis. Would issuing EU bonds be a better option?Host: Richard Sverrisson, Editor-in-Ch...