Tony Blair Institute's European energy strategy: comment

"With next year predicted to be the hottest on record [2] and governments' national security reports warning of the risk of collapsing ecosystems in the 2030s undermining the UK’s food security, [3] many experts would point to the need for a climate and energy security focused system. But they’d also say that these are mutually supportive.

"Europe would have been in a much worse mess after the Russian invasion of Ukraine and the war in Iran had it not spent years investing in renewable energy. Spain currently has lower power prices because of its renewables. [4]Let’s not forget that reaching net zero emissions is the only way to bring our climate back into balance and stop climate change but to do so means reducing our dependence on burning oil and gas, the price of which has had massive negative impacts on Europe’s economy and competitiveness."