Energy: Are Europe’s Clean Energy Goals Realistic?

This podcast episode highlights Europe's long-standing efforts to transition to a green economy through ambitious plans like the European Green Deal and climate target plan. However, recent challenges, particularly the ongoing energy crisis due to the Russian invasion of Ukraine, have forced a reassessment of the transition strategy. Despite the challenges, Europe remains committed to its goals, requiring significant financial investment, estimated at 500-600 billion euros annually, with potential economic risks, such as inflation. However, the success of the transition offers benefits like reducing electricity prices, stimulating innovation, and economic growth.