LCTU - Global Initiatives Driving The Energy Transition

• In the EU, the Commission recently rolled out the “Fit for 55” legislation, which basically touches on all areas of policy and practice towards the EU's climate goals, including more renewable energy adoption, more applications for emissions trading, a faster rollout of EVs, and an alignment of tax policies with the EU Green Deal.
• This global energy crunch we're currently experiencing layered on top of rising costs of everything is pushing industries and politicians to, hopefully, work together and figure out a way to transition from fossil fuels gracefully without crippling the consumer.
• The transmission infrastructure is incapable of supporting the way our communities are being built today.

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