Tag: Energy
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Adrian Delia refers to the unsustainability of electricity and energy subsidies
Adrian Delia wrote an article for The Malta Independent referring to EU Commission reports about Malta’s ongoing Excessive Deficit Procedure. The reports make reference to Malta’s energy subsidies and recommend them to be cut. Opposition Leader Alex Borg said that he wants to retain energy and electricity subsidies indefinitely and his position aligns with the…
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You can’t crticise the government for raising debt if you want to keep the subsidies
Yesterday in Parliament, Alex Borg did a Miriam Dalli and said that he will be retaining energy subsidies and lower electricity bills via renewable energy sources if elected Prime Minister. Alex Borg doesn’t seem to understand that Malta has the lowest electricity tariffs in the EU because the government is spending up to €200 million…
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Opposition Leader Alex Borg says he will keep energy subsidies and reduce electricity prices with renewable energy
Opposition Leader Alex Borg doesn’t seem to be making any effort at understating Malta’s energy issues, and hence why he has just said in Parliament that the Nationalist Party will keep energy subsidies and lower the cost of electricity with increased renewable energy sources. We are at a very dangerous point in politics in which…
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The elephant in the room while Minister Miriam Dalli posts billboards of trees
It is very strange how no one is talking about what is probably the biggest systematic risk to the government’s finances right now. In The Maltese Herald we have always argued that €200 million every year in energy and fuel subsidies are unsustainable to the government’s finances and the government needs to find a solution to…
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Energy Minister Miriam Dalli goes on a propaganda offensive: at least three billboards to be set up by the Ministry and its entities
Energy Minister Miriam Dalli is relentless with the state-funded propaganda despite several warnings by the Standards Commissioner that state funding for political propaganda is irregular. Apart from a series of videos that the Minister has launched, the Ministry of Energy and its related entities will be putting up at least three new billboards promoting their…
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Indefinite electricity tariffs means the metro’s power will also be subsidised
The government’s increasing energy and electricity subsidies pose a systematic challenge and barrier not only in public finances, but also to new mega-projects like the metro. The Finance Minister isn’t factoring this problem in his concerns about the metro project and this is why there is no definite plan to cut back on energy and…
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Malta needs cheap electricity: it can’t source it and can’t provide it
The fact that the government is increasing energy and fuel subsidies for next year by around €20 million to €172 million is a sign that Malta is struggling to acquire cheap electricity. The subsidies are indeed are keeping Malta’s electricity rates at the lowest level in the EU. On a year on year this expenditure…
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UPDATED: European Council approves 19th-sanctions package against Russia
UPDATED: The 19th sanctions package includes extends the ban on all Russian imports of acyclic hydrocarbons, puts a ban on repairs of Budapest’s metro line, export ban of salts and ores, articles of rubber, tubes, tyres, millstones and construction materials to Russia and also extends the export ban list to Russia of items such as…
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Spain’s Prime Minister defends defence spending and green energy in speech to Spanish parliament
Spain’s Prime Minister, Pedro Sanchez, gave a speech to the Spanish parliament yesterday in which he defended Spain’s efforts to ensure the security of its infrastructure and and its citizens against threats of natural disasters, climate change, and even security and exterior threats. Spain’s Prime Minister said that despite the increase in defence spending to…
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EU rolls out plan to fully divest from Russian gas
The EU has rolled out a plan which seeks to phase out all Russian energy and energy-commodity imports to the EU by 2030. Russia was a main energy and commodity export to Europe before its invasion of Ukraine in February 2022. The EU plans to remove off its dependence on Russian energy imports after Russian…
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Why a Republic?
Today Malta celebrates its 50th years as a Republic. The Maltese Constitution was changed by the Labour government with a two-thirds majority backing from parliament from a constitutional monarchy into a Republic. Malta was already a liberal democracy by the, but it made this step as part of its decolonisation process in its pursuit of…
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Sweden and Norway have vowed to stop using the European electricity grid as prices more than double within a week
Sweden and Norway are vowing to disconnect from the European electricity grid after electricity prices in Europe soared by more than double in one week. The high rise in electricity prices came from various factors including Germany’s closure of its nuclear power plants, the expensive price of natural gas that soared above above $3 during…