CEP News: The Telegraph: Renewables bill, Cost of going green 'won't turn industry away from Europe'

The Telegraph:
Renewables bill, Cost of going green 'won't turn industry away from Europe'

2 March 2015

The cost of subsidising the construction of more renewable energy won't deter industry from investing in Europe, according to a new study by the London School of Economics. ''Contrary to some claims, rises in energy prices do not have much effect on the global competitiveness of businesses,'' said Antoine Dechezlepretre, one of its authors. ''Even a sizeable difference in the price of energy relative to the rest of the world has only a very small impact on a country's imports and exports.''

This article was published by The Daily Telegraph on March 2, 2015
Link to article here

Related publications
'Asymmetric Industrial Energy Prices and International Trade', Antoine Dechezlepretre and Misato Sato, Centre for Economic Performance Discussion Paper No.1337, March 2015

Related links
Antoine Dechezlepretre webpage
Productivity and Innovation Programme webpage

The Telegraph:Renewables bill, Cost of going green 'won't turn industry away from Europe'

The Telegraph:
Renewables bill, Cost of going green 'won't turn industry away from Europe'