This is the paper to read on the implications of the Hormuz energy shock for the European economy - and how to cushion the blow most effectively.
The core idea - to draw lessons from the flaws of the 2022-2023 response - is spot on.
By my colleagues Elisabetta and John.
www.cer.eu/insights/ene...
cer.eu
Energy shock 2.0: Lessons from 2022 for the Hormuz crisis
If the Strait of Hormuz stays closed, Europe will face as serious an energy crisis as it did in 2022. This time, energy poverty policies must be more targeted, and electrification more ambitious.
