Navigating Europe's Energy Challenges

This chapter explores the multifaceted challenges facing the European industrial sector, particularly in light of rising energy costs and geopolitical shifts like the cessation of Russian energy supplies. The discussion emphasizes a pragmatic shift in Europe’s energy policies, including the potential role of nuclear energy and the implications of the Carbon Border Adjustment Mechanism (CBAM). Additionally, it examines the evolving corporate responsibility towards emissions reduction amid changing market dynamics and sustainability goals.