Sunday, November 27, 2022

Increase in the prices of petrol and transportation in Germany

BERLIN ( Associated Press) – Petrol and public transport prices in Germany rose on Thursday as government subsidies ended, affecting commuters already battling high energy costs.

Germany’s largest automobile club ADAC said the average price for a liter of E10 Super gasoline was about 0.25 euros ($0.25) higher on Thursday than the day before. Diesel was about 0.10 euros ($0.10) more expensive, according to ADAC.

At the start of the month, a temporary cut in gasoline taxes and a special monthly public transport bonus of 9 euros ($9), introduced by the government in May to cushion the effects of inflation, ended.

The public transport ticket – which served local and regional buses and trains – was a success because it allowed millions of people to travel around the country cheaply, while saving nearly 1.8 million metric tons of carbon dioxide emissions.

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Environmental activists have called for the transportation bond to be expanded. Officials say they are studying the idea.

After Russia sharply cut natural gas flows to Germany, the government is trying to encourage consumers and businesses to save energy to avoid power shortages during the winter months. Among other measures, it has already been announced that temperatures in public offices will be lowered during winter and lights for street advertising will be switched off at night.

Germany has promised to release Russian gas within the next two years in response to Russia’s war in Ukraine.

Germany uses about 90 billion cubic meters of natural gas per year. More than half came from Russia last year, mostly via the Nord Stream 1 pipeline.

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Russian state-owned Gazprom has reduced flow through that pipeline since the war broke out in late February and halted it completely this week, citing pre-planned maintenance.

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