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FX.co ★ Mateusz Morawiecki proposes to abandon green energy

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Forex Humor:::2022-07-25T12:14:15

Mateusz Morawiecki proposes to abandon green energy

Polish Prime Minister Mateusz Morawiecki in a recent interview with the British Financial Times speculated that the European Union may have to return to traditional energy sources, including coal, this winter.

The politician pointed to the current problems in the energy market caused by restrictions. However, he believes the measures taken will help resist Russia and ensure public safety. According to Morawiecki, the green transition in such conditions will take longer than planned.

"If the situation forces us to do so, then we must not hesitate to return temporarily to traditional sources of energy. Even if a short-term return to coal means postponing our ambitious climate goals, it may be a necessary condition of maintaining a strong European community capable of resisting Russia and supporting Ukraine," Morawiecki noted.

The politician said that the EU's CO2 price was too high. Five years ago, the cost of emitting a tonne of carbon dioxide was below €10. Currently, it stands at between €80-€100. Such price hikes prevent the industry from investing in new green technologies.

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