A top European Union official unveiled on Wednesday, September 14, 2022, a plan to cap the revenues of electricity producing companies that are making extraordinary profits due to the war in Ukraine and climate change, saying the proposal could raise $140 billion to help people hit by spiraling energy prices.

Parts of the European Union could face three more months of warmer and drier conditions as Europe weathers a major drought that has fueled forest fires, dried up rivers and devastated crops, the 27−nation bloc’s Earth observation program is warning in a report.

The European Union on Wednesday urged member countries to provide relief funds to consumers and small businesses hit hardest by rising gas and electricity prices, as criticism mounts that the bloc’s climate change fighting policies are fueling the problem.

Environmental campaigners protested on Friday, June 02, 2017, against President Donald Trump's decision to pull the United States out of the Paris climate accord