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European companies’ competitiveness is hampered by unnecessary burdensome legislative instruments in climate, energy and environment and policymakers must rebalance industrial strategies towards manufacturing, BusinessEurope President Jürgen Thumann said in an interview with EurActiv, as the European Business Summit (EBS) gets underway today (15 May).
A noted climatologist and recently-retired NASA research chief has entered the EU’s energy policy debate, with a warning that any re-industrialisation strategy which increases fossil fuels use can only be short-term, irrational and economically wasteful.
Short-term economic concerns appear to have edged the environment out of the picture ahead of next week’s EU summit dedicated to energy issues, writes Brook Riley.
Without early investment signals, Europe faces a ‘lost decade’ of climate and energy policy inaction between 2020-2030, culminating in a mind-bogglingly expensive sprint to decarbonise in the last two decades before 2050, according to a new report by the European association of electricity producers, Eurelectric.