Supply Chain Disruptions and Carbon Shocks in EU Energy Policy
openaccessgovernment.orgRecent disruptions in global energy chokepoints, such as the Strait of Hormuz, demonstrate how supply chain shocks quickly evolve into carbon shocks. These events drive up energy, freight, and insurance costs, complicating the transition to low-carbon systems. The analysis examines the European Commission's AccelerateEU package and its role in strengthening energy resilience. It highlights the need for strategic policy to mitigate the volatility of energy markets while pursuing decarbonization goals.
