Faroese lawmakers have agreed to double the energy subsidy for households this year, KVF reports. The parliament’s welfare committee supports the government’s proposal, which is due for a second reading and vote on November 4. Households would be able to apply for an additional 5,000 kroner, brin…

Over the past two decades, energy subsidy reforms have increasingly gained importance as mitigation measures to fight climate change. Still, many countries subsidize fossil energy consumption, and ...

A Vienna Court of Audit report reveals 21 million euros in energy subsidies must be reclaimed due to automated payout errors.

The governing coalition does not support a proposal to increase the energy subsidy and is advising the Faroese parliament not to pass it, Kringvarp Føroya reports. The proposal was submitted by Tjóðveldi and Sjálvstýrið. Coalition members on the parliament’s welfare committee say the current syst…

Barnabati has told the parliament’s welfare committee that the proposed increase to the energy subsidy should be assessed based on how it would benefit children, KVF reports. The committee is considering a proposal from Tjóðveldi and Sjálvstýri to raise the subsidy. Barnabati welcomes the proposa…