Episode 1392: Think Tank: Europe needs radical rethink of energy, climate policy to prosper – Peter Huntsman

Political leaders in Europe must boost availability of cheap energy and deregulate or risk deeper deindustrialization, according to Peter Huntsman, CEO of Huntsman.  -      AI will require vast amounts of cheap energy, Europe disadvantaged-      EU energy policies have closed access to huge reserves of oil and gas-      Europe has outsourced manufacturing, often to more polluting regions-      CBAM (Carbon Border Adjustment Mechanism) does not work, increases costs of imported raw materials-      Tackle climate change through use of innovative materials, nuclear fusion-      Tariffs are hurting any nascent economic recovery-      Don’t expect strong economic bounce back in 2026-      US reshoring will drive industrial and chemicals demand -      China-driven overcapacity will persist for several yearsICIS journalist Will Beacham interviews Peter Huntsman, CEO of Huntsman