Far from driving businesses away from Europe, EU climate policy has the potential to generate future growth for European industry

A common criticism of EU climate policy is that it makes conditions more expensive for European businesses, which may encourage companies to relocate to other parts of the world. Andrzej Ancygier writes that much of this criticism is overstated. He argues that providing concrete long-term climate goals would provide more security for businesses, and that EU climate policy can also boast some notable successes, such as general improvements in energy efficiency relative to other countries like the United States.