Business groups call on EU to accelerate Europe’s green transition to strengthen energy security

Business leaders call on the EU to prioritize the green transition as the primary strategic response to geopolitical instability and high energy costs. They advocate for a rapid shift away from fossil fuel subsidies, the acceleration of electrification across sectors, and a renewed focus on energy efficiency and the circular economy to ensure long-term energy independence and climate resilience.

• The authors argue that the most effective way to strengthen Europe's energy security and reduce vulnerability to volatile fossil fuel prices is to accelerate the energy transition through the EU Green Deal and the implementation of the Fit for 55 package.
• The letter recommends a rapid transition away from fossil fuel investments and subsidies, noting that redirecting the 380 billion euro fossil import bill could address the clean energy investment gap identified in the European Commission's 2030 impact assessment.
• The business groups advocate for the acceleration of electrification in transport, heat, buildings, and industry, which requires increased investment in grid infrastructure and the removal of permitting delays for renewables.
• Prioritizing energy efficiency, the circular economy, and the renovation of 35 million buildings could potentially reduce household energy bills by 400 euros and annual gas imports by 3 billion euros.

APA

Whittington, E., Cramer, A., Tómasdóttir, H., Weiss, M., Lubber, M., Clarkson, H., Bakker, P., Haugland, B. K., & Nallinger, S. (2022). Business groups call on EU to accelerate Europe’s green transition to strengthen energy security. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/open-letter-to-the-eu-commission-president/

Chicago

Whittington, Eliot, Aron Cramer, Halla Tómasdóttir, Maxfield Weiss, Mindy Lubber, Helen Clarkson, Peter Bakker, Bjørn K. Haugland, and Sabine Nallinger. Business groups call on EU to accelerate Europe’s green transition to strengthen energy security. We Mean Business Coalition, 2022. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/open-letter-to-the-eu-commission-president/.

Wikipedia

{{cite press release |last1=Whittington |first1=Eliot |last2=Cramer |first2=Aron |last3=Tómasdóttir |first3=Halla |last4=Weiss |first4=Maxfield |last5=Lubber |first5=Mindy |last6=Clarkson |first6=Helen |last7=Bakker |first7=Peter |last8=Haugland |first8=Bjørn K. |last9=Nallinger |first9=Sabine |title=Business groups call on EU to accelerate Europe’s green transition to strengthen energy security |publisher=We Mean Business Coalition |date=7 March 2022 |url=https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/open-letter-to-the-eu-commission-president/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{whittington2022business, author = {Whittington, Eliot and Cramer, Aron and Tómasdóttir, Halla and Weiss, Maxfield and Lubber, Mindy and Clarkson, Helen and Bakker, Peter and Haugland, Bjørn K. and Nallinger, Sabine}, title = {{Business groups call on EU to accelerate Europe’s green transition to strengthen energy security}}, publisher = {We Mean Business Coalition}, year = {2022}, month = mar, url = {https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/open-letter-to-the-eu-commission-president/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }