International Update Volume 52, Issue 12

<p>Last week, the Denmark government released a new energy proposal that details plans for natural gas, renewables, and a carbon tax. The proposal calls for a temporary increase in natural gas production to reduce the country’s reliance on Russian energy. The proposal also aims to output more natural gas to assist other countries in dropping Russian gas. The government noted production from gas fields in the North Sea could increase by 25% in the short term.