Europe’s Industrial Decline Fears Grow as Policy Gaps Spur 65% Dissent

Despite Europe’s deep political commitments to net zero, 65% of industry executives surveyed by the Energy Industries Council (EIC) say poor policy and governance are putting the region’s competitiveness at risk. Just 59% of continental energy companies reported revenue growth in 2024, the lowest rate among all global regions surveyed in the EIC’s ninth annual Survive & Thrive report. ‘Europe has the net zero vision but not the execution,’ says Stuart Broadley, CEO of the EIC, the world’s leading trade association for companies providing products and services to the energy industry. ‘Without cheaper energy and faster approvals, it will keep […]