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Episode 1392: Think Tank: Europe needs radical rethink of energy, climate policy to prosper – Peter Huntsman
ICIS - chemical podcasts
1 hour 9 minutes
1 month ago
Episode 1392: Think Tank: Europe needs radical rethink of energy, climate policy to prosper – Peter Huntsman
Political leaders in Europe must boost availability of cheap energy and deregulate or risk deeper deindustrialization, according to Peter Huntsman, CEO of Huntsman. - AI will require vast amounts of cheap energy, Europe disadvantaged- EU energy policies have closed access to huge reserves of oil and gas- Europe has outsourced manufacturing, often to more polluting regions- CBAM (Carbon Border Adjustment Mechanism) does not work, increases costs of imported raw materials- Tackle climate change through use of innovative materials, nuclear fusion- Tariffs are hurting any nascent economic recovery- Don’t expect strong economic bounce back in 2026- US reshoring will drive industrial and chemicals demand - China-driven overcapacity will persist for several yearsICIS journalist Will Beacham interviews Peter Huntsman, CEO of Huntsman
ICIS - chemical podcasts
This podcast is brought to you by ICIS, a leading global price discovery service for the oil, energy, fertilizer and petrochemical sectors.
