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Added on the 19/01/2023 17:51:51 - Copyright : France 24 EN
Peter Claes, President of the IFIEC (International Federation of Industrial Energy Consumers) Europe told Euronews that companies that use a lot of energy to make their products are bearing the brunt of increased energy costs, despite acting to reduce their carbon footprints.
As countries around the world are setting out to reduce carbon emissions, the demand for raw materials is increasing. But where are they? And how can Europe reach climate goals without becoming extremely dependent?
As the European Union races to diversify its hydrocarbon imports and electrify its economy, what impact will the ongoing energy crisis have on Europe’s climate ambitions and on the EU's industrial competitiveness? FRANCE 24 Business Editor Kate Moody asks her prestigious panel of guests at Davos, in a discussion developed in collaboration with the World Economic Forum.
Climate activist Greta Thunberg said on Thursday that the global energy industry would go as far as it could without public pressure, adding that the sector would continue to invest in fossil fuels and "throw people under the bus for their gain".
Wednesday at the World Economic Forum brought speeches from Ukrainian President Volodymyr Zelensky and German Chancellor Olaf Scholz, among others. France 24 Business Editor Kate Moody spoke with French Minister for European Affairs Laurence Boone about Europe's green energy future and how European businesses can stay competitive.