Climate Crisis and Energy: The lesson was not learned in the EU.

by time news

2023-07-08 07:37:59

The imprudence of the E.U. in matters of energy security and combating energy poverty cost during the energy crisis 598 billion dollars, twice what the rest of the planet paid. The experience did not become a lesson: the powerful of the E.U. they continue to deny the creation of a European Sovereignty Fund for green transition investments.

The US is on a completely different wavelength

In contrast to the EU’s indecision, from early 2022 to today, construction spending on new factories in the US has more than doubled. Three separate bills provide over $1 trillion in stimulus. dollars earmarked for the production of important green and digital products in the US, to reduce dependence on imports, mainly from China.

RESEARCH – ANALYSIS: Prof. Yiannis Maniatis
With the collaboration of postgraduate students: I. Voulgari, A. Manoli, M. Zisi

#Climate #Crisis #Energy #lesson #learned

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