Energy · 4 views
Europe Is Now Seriously Rethinking Its Oil Refinery Phase Down
Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
Summary
Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. Over the past couple of decades, Europe has pursued some of the world’s most ambitious clean energy policies, aiming to become the first climate-neutral continent by 2050. Hardly surprisingly, Europe is now further along the clean energy transition compared to its western peers, with renewables accounting for roughly half of the continent’s power mix compared to about 26% by the U.S.
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