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Tighter climate rules and low investment in baseload capacity will require revisiting taxonomy criteria to ensure a seamless bridge to a zero-carbon future.
Europe’s solution to a lack of self-sustainability is to accelerate the deployment of renewables, which are largely recognized as deflationary to energy bills while reducing reliance on gas and limiting carbon emissions.
The big winners from today’s energy market volatility are nuclear operators, renewables developers, and companies investing in energy system resilience.