
How should the European Union’s industry respond to the energy crisis?
The Sound of Economics
The Energy Intensity Industries
Chemicals, paper, basic metals and non-metallic minerals that represent about 65% of industrial gas demand and more than half of power consumption in the industry. These industries experienced a reduction of industrial production but other industries experienced an upward outlook for production. If we talk about an industrial strategy on those energy intensive sectors then this discussion cannot be decoupled from our corresponding climate policy discussions or emission trading system. So can you maybe say a little bit about that and then let's start talking about some possible policy avenues?
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