Temperature controls - Photo by HUUM on Unsplash

With days growing hotter, air conditioning is playing an ever-growing role in how people cope with the heat. In EU households, energy consumption for cooling has steadily increased, reaching 80.4 thousand terajoules (TJ) in 2024.

EU finance ministers at their meeting on Tuesday added the Cayman Islands and Panama to the EU list of ‘non-cooperative jurisdictions for tax…