Tag: public subsidies
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Norgepris: Norway’s price protection against high electricity costs
What is Norgepris and why is it getting attention? Norgepris, a government-backed safeguard against soaring electricity bills, has lately attracted interest beyond Norwegian borders. The scheme fixes a price at 40 øre per kilowatt-hour (kWh), excluding taxes and surcharges. If the market price rises above this level, the state covers the difference, effectively capping household…
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Audit Finds Billions Spent on Mona Keijzer’s Housing Subsidy
Overview: a Critical audit of a major housing subsidy program The Dutch Court of Audit (Rekenkamer) has issued a scathing review of the Woningbouwimpuls, the centerpiece of demissionary housing minister Mona Keijzer’s plan to stimulate the construction of affordable homes. The report concludes that the government is pouring more than two billion euros into this…