Energy Daily

Europe’s Wounded Industries Struggle to Catch Economic Tailwinds

Carbon-policy tweaks and lower gas prices can’t solve the region’s competitiveness problem.
A chemical tanker barge sails past a silo at the BASF headquarters chemical plant in Ludwigshafen, Germany.Photographer: Alex Kraus/Bloomberg
Lock
This article is for subscribers only.

Welcome to our guide to the commodities driving the global economy. Today, reporter Priscila Azevedo Rocha looks at how new policy initiatives and cheaper gas may not be enough to save Europe’s lagging industries.

The European Union is waking up to its competitiveness deficit, and just how much of the problem stems from high energy and carbon costs.