Étiqueté : competitivess

Costs, competitiveness and climate policy: distortions across Europe

Inside its 28-country energy market the European Union is permitting serious distortions. These arise out of the current patchy way whereby energy-intensive industries are relieved of the costs of ambitious, clean EU energy policies of capping carbon and promoting renewables.  This OIES comment argues that the EU should adopt a common approach to such carbon cost relief, rather than leaving it to member states, of which only a few are able and willing to help their energy-intensive sectors.

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