Climate Change

Industry leaders, including EUROFER President Henrik Adam, demanded urgent EU action to lower high electricity prices, which threaten competitiveness and investment in energy-intensive sectors. They seek costs around €50/MWh to support decarbonisation and restore industrial capacity amid rising global competition.

Conservative Party leader Kemi Badenoch has said the UK’s 2050 net zero target, a legally binding commitment established by a previous Conservative government, is “impossible.” Badenoch argued that achieving net zero by 2050 would necessitate “a serious drop in our living standards or by bankrupting us,” but did not offer an alternative plan.

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