Subsidising high energy prices might seem the obvious answer to the cost of living crisis, but it is not. The best alternative for the short run is direct payments to citizens, while investing in reducing demand for fossil fuels in the long term, reports Luke Haywood. This opinion article was orginally published in Social Europe. How to cope with high energy prices continues to dominate European politics. A recent paper by the European Commission avows that a gas price cap cannot reduce … Continue reading How to combat high energy prices – and how not to