As long as industry receives free EU ETS allowances, this handout should be conditional on recipients investing in clean tech to reduce their EU-originating emissions. New insight by @elisabettaco.bsky.social Read here: buff.ly/iYAV6yt
Elisabetta Cornago
@elisabettaco.bsky.social
Economist. Assistant director at the Centre for European Reform, Brussels. Working on EU climate & energy policy. Previously OECD, IEA, Université Libre de Bruxelles.
While worries about the EU’s global competitiveness have taken centre stage at recent EU leaders’ summits, Europe is split over whether it should stay the course on carbon pricing. New @centreeuropeanref.bsky.social insight by @elisabettaco.bsky.social Read here: buff.ly/iYAV6yt
Excellent piece for @elisabettaco.bsky.social to sign off with, as she leaves @centreeuropeanref.bsky.social for @agoraew.bsky.social . In short, allowing European heavy industry to delay cuts to emissions won't help long-term competitiveness.
Centre for European Reform@centreeuropeanref.bsky.social · last mo.While worries about the EU’s global competitiveness have taken centre stage at recent EU leaders’ summits, Europe is split over whether it should stay the course on carbon pricing. New @centreeuropeanref.bsky.social insight by @elisabettaco.bsky.social Read here: buff.ly/iYAV6yt
A stronger carbon market is necessary for a more competitive European industry Why are we talking about the EU ETS in between a heatwave and the next? A 🧵 about my very final article as my time as energy and climate lead at @centreeuropeanref.bsky.social comes to an end:
Centre for European Reform@centreeuropeanref.bsky.social · last mo.European heavy industry is losing competitiveness – but a weaker carbon market will not fix this. Industry should invest in low-carbon production, supported by both carbon-price signals and targeted investment incentives. New CER insight by @elisabettaco.bsky.social buff.ly/iYAV6yt
Every country in this list is less dependent on energy imports if it gets on track for a net-zero world, including the US. Though US gains are the least! From BNEF's New Energy Outlook for 2026.
Worth remembering, gas for power plants is also mainly a US story. The rest of the world is looking elsewhere. From BloombergNEF's 2026 New Energy Outlook:
John Springford and Anton Spisak have been building thé model to estimate the economic dividends (or not) from different UK-EU reset options. Great to see this work come to fruition. The GuardIan has the write-up of their work. www.theguardian.com/politics/202...
Rejoining customs union would not fix damage caused by Brexit, research finds
Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market
theguardian.com
@johnspringford.bsky.social and @antonspisak.bsky.social have fresh analysis on the cost of Brexit 10 years after the Brexit referendum 👇
John Springford@johnspringford.bsky.social · 2mo agoNew research from me and @antonspisak.bsky.social – we identify how much Brexit has reduced goods and services trade with the EU, and what’s responsible: leaving the customs union or the single market? Answers: large hit to trade, mostly due to single market exit 🧵 www.cer.eu/insights/cos...
What can we learn from Europe's success stories in tech? What elements of their innovation pathways can be replicated in today's environment and what cannot? My colleague @james-r-green.bsky.social discusses it all in a new insight @centreeuropeanref.bsky.social.
Centre for European Reform@centreeuropeanref.bsky.social · 2mo agoDespite the real challenges that innovative businesses in Europe face, companies like ASML, SAP, Spotify and others show that Europe has produced #tech champions. New insight by@james-r-green.bsky.social Read here: buff.ly/Ixstevx
Brad Setser con il @sandertordoir.bsky.social ha tracciato per il @centreeuropeanref.bsky.social un quadro approfondito di quanto sta accadendo, in particolare, fra la Cina e la Germania. Ma la loro lezione si applica in genere all'intera UE e, in maniera molto specifica, all'Italia.
La Cina si sta mangiando il Made in Italy (e l’Europa): perché abbiamo paura di difenderci?
La crescita cinese non garantisce affatto nuovi mercati all’Europa. Semmai, il contrario. La Cina sta metodicamente espellendo i produttori europei, ecco come
buff.ly
Last week to apply! Economists with EU energy and climate policy in your heart and mind, do apply 👇
Centre for European Reform@centreeuropeanref.bsky.social · 2mo ago#Job - @centreeuropeanref.bsky.social: The CER is looking to recruit a senior research fellow to lead the CER’s work on the economics of EU #energy and #climate policy, based in Brussels. Full details here: buff.ly/xDcWvyh Deadline for applications: 29/5/26
Il governo sta spendendo un sacco di soldi per ridurre il prezzo dei carburanti: www.ilpost.it/2026/05/24/m....
Il governo sta spendendo un sacco di soldi per ridurre il prezzo dei carburanti
Finora quasi 1,8 miliardi di euro, presi dai vari ministeri che hanno dovuto ridimensionare i loro progetti
ilpost.it
Berlin's dragging its feet in properly addressing the China shock is also holding back the EU. Sander and Brad analyse the second China shock and its impact on the German economy in a new paper 👇
Sander Tordoir@sandertordoir.bsky.social · 3mo agoGermany is the epicentre of the China Shock 2.0 reverberating in global markets In a new joint paper, CFR's Brad Setser and I show the shock is a key driver of Germany’s economic malaise. And it's accelerating Berlin needs to stop admiring the problem, and join efforts to fight back 1/many
We're a small team @centreeuropeanref.bsky.social, but we do lots of fascinating policy work on important issues, in an intellectually rich and autonomous environment. What's not to like? Come and join us, or please spread the word.
3. Operations and finance manager, a 11-month maternity cover based in London Closing date: Monday 1 June www.cer.eu/job/finance-...
Finance and Operations Manager - Maternity cover
During the maternity leave of our director of finance and operations, we are seeking a finance and operations manager to work closely with the assistant director to support and manage our small, colla...
cer.eu
2. Research fellow in European clean industrial policy, to be based in Brussels or London Closing date: Friday 29 May www.cer.eu/job/research...
Research fellow – economics, climate and industrial policy
The CER is looking for a economics, climate and industrial policy fellow to join its research team.
cer.eu
Policy jobs! We have several excellent – and rare – openings at @centreeuropeanref.bsky.social in London and Brussels. 1. Senior research fellow in European energy economics and climate policy, based in Brussels Closing date: Friday 29 May www.cer.eu/job/senior-r...
Senior research fellow – energy and climate economics
The CER is looking for a senior energy and climate economics fellow to join its research team in Brussels.
cer.eu
I was happy to contribute to this NYT story by Eshe Nelson. My main point: I think the shift to EVs, heat pumps and solar panels is likely to be sustained, because there are two factors at play here, driving the behavioural response: the price factor and the shock-awareness factor. 🧵
Jan Rosenow@janrosenow.bsky.social · 3mo agoA new New York Times piece shows: The Iran war is accelerating something that was already underway: Europeans turn to solar, heat pumps & EVs in large numbers. E.ON reports solar interest in the UK up 63%. Enpal in Germany: inquiries for panels & heat pumps rise 30%. www.nytimes.com/2026/05/08/b...
“Households are now seeing that they are only one Trump-ignited war away from very expensive tank refueling or heating bills,” said @elisabettaco.bsky.social, an energy and climate policy expert at the @centreeuropeanref.bsky.social. www.nytimes.com/2026/05/08/b...
nytimes.com
The #Hormuz blockage is keeping 20% of global oil supply off the global market: this amounts to an annual loss of up to 1,000 million tonnes of oil exports. @centreeuropeanref.bsky.social insight by @elisabettaco.bsky.social and @johnspringford.bsky.social Read here: buff.ly/7gKy4VB
For a detailed analysis of what Orban’s departure means for Hungary and what the EU should do now, read this @centreeuropeanref.bsky.social insight www.cer.eu/insights/wha...
What Orbán’s departure means for Hungary and for Europe
Hungary’s voters have ended Viktor Orbán’s 16-year rule. Tisza’s win is a unique chance to restore democracy – and a time-limited opportunity for the EU to emerge stronger.
cer.eu
Magyar needs the EU but the EU needs Magyar, too. And in this mutual dependency, neither should lose sight of the rule of law. That's what I'm arguing in this @financialtimes.com op ed www.ft.com/content/8800...
Reposting my longer analysis on the Hungarian election outcome & implications for Europe from yesterday. Two key arguments: ◾Magyar has the mandate to rebuild democracy but it will not be a fast process – nor should it be ◾The EU shouldn't drop the ball. Monitoring is key www.cer.eu/insights/wha...
What Orbán’s departure means for Hungary and for Europe
Hungary’s voters have ended Viktor Orbán’s 16-year rule. Tisza’s win is a unique chance to restore democracy – and a time-limited opportunity for the EU to emerge stronger.
cer.eu
If the #Hormuz strait remains closed, European governments should avoid the huge fossil fuel subsidies they provided in 2022, argue @elisabettaco.bsky.social and @johnspringford.bsky.social in their new @centreeuropeanref.bsky.social insight. Read here: buff.ly/7gKy4VB
"Europe’s gas and electricity price rises have been modest so far, but we should not expect that to continue if the strait remains closed," @elisabettaco.bsky.social and @johnspringford.bsky.social wrote for the @centreeuropeanref.bsky.social think-tank. buff.ly/xTCbZmm
Energy prices set to rise as last Gulf Tankers reach Europe
Energy analysts have warned of surging energy prices beyond already elevated levels, as the last vessels carrying oil and natural gas from the Strait of Hormuz before the conflict have reached…
euronews.com
This is the paper to read on the implications of the Hormuz energy shock for the European economy - and how to cushion the blow most effectively. The core idea - to draw lessons from the flaws of the 2022-2023 response - is spot on. By my colleagues Elisabetta and John. www.cer.eu/insights/ene...
Energy shock 2.0: Lessons from 2022 for the Hormuz crisis
If the Strait of Hormuz stays closed, Europe will face as serious an energy crisis as it did in 2022. This time, energy poverty policies must be more targeted, and electrification more ambitious.
cer.eu
Excellent point by @bxlthor.bsky.social -- over the 2022-23 energy crisis, EU government's emergency measures cost them *three* times the current EU annual budget.
Thorfinn Stainforth@bxlthor.bsky.social · 4mo agoFor context, the ENTIRE EU annual budget is about €180 billion. So, this is about 3 years of the EU's entire annual outlay! Think about all of the other priorities that could have been funded. Don't let people tell you that fossil fuels are the cheaper option!
We really need to stress how expensive it is to keep bailing out fossil fuel users! - In 2022-23 EU governments spent €540 billion on emergency measures to lower energy bills – most of which were untargeted measures to lower prices. - Looks like we may be headed down a similar road again.
Elisabetta Cornago@elisabettaco.bsky.social · 4mo agoNew insight from @johnspringford.bsky.social and me. Second fossil fuel crisis in 5 years, and again due to a war someone else started - a bitter déjà vu for Europe. Governments be drawing the right lessons from the 2022-23 crisis, and design policy support accordingly.
Europe's #gas and #electricity price rises have been modest so far, but we should not expect that to continue if the strait remains closed. #Hormuz New @centreeuropeanref.bsky.social insight by @elisabettaco.bsky.social and @johnspringford.bsky.social Read here: buff.ly/7gKy4VB
For the second time this decade, Europe is facing an energy crisis. Policy-makers should- -Encourage the public to reduce energy consumption -Accelerate Europe’s electrification -Provide targeted support to households Excellent piece by @elisabettaco.bsky.social & @johnspringford.bsky.social
Centre for European Reform@centreeuropeanref.bsky.social · 4mo agoNew @centreeuropeanref.bsky.social insight: 'Energy shock 2.0: Lessons from 2022 for the #Hormuz crisis', by @elisabettaco.bsky.social and @johnspringford.bsky.social. #energyshock Read here: buff.ly/7gKy4VB
