European Companies Move to the US to Avoid High Energy Prices
European
industry officials and domestic consumers alike are upset with the high
energy costs across the continent, even causing some to question the
clean energy initiatives. Over the past few years Europe has spent tens
of billions in its efforts to reduce carbon emissions; most of which has
gone into clean energy sources such as wind and solar.Fabien Roques,
the head of the European power and carbon division at the energy
consultancy firm IHS CERA, stated: “we embarked on a big transition to a
low-carbon economy without taking into account…Read more...http://oilprice.com/Latest-Energy-News/World-News/European-Companies-Move-to-the-US-to-Avoid-High-Energy-Prices.html
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