20
May
2026
Watch
Reviewing the ETS system to support European competitiveness (topical debate)
Mr President, nobody in the European Union has any idea what energy actually costs, because the world price has been replaced by unaffordable energy taxes, by CO2 ‑ levies, by transitional coercion. But without clear prices determined by supply and demand, companies no longer know what energy can really cost, what is scarce and what they should invest in wisely. In 1974, Friedrich von Hayek was aw…