Wolfgang ObergasselFrom the #EuropeanCentralBank, no less: "the real question is no longer whether Europe can afford to make the #energytransition. It is whether it can afford not to. From a central banking perspective, the answer is clear.“ https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20260407~dfa96b8bfc.en.html
Europe’s fossil fuel dependence poses risks to price stability
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.