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.

Azerbaijan’s President defended the country’s oil and gas resources, calling them a “gift of god” and arguing that nations should not be blamed for having fossil fuel reserves. He criticised “Western fake news” about Azerbaijan’s emissions, saying the country’s share of global gas emissions was just 0.1%.

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