- Sir Tony Blair and former Italian premier Matteo Renzi have urged European leaders, including Sir Keir Starmer, to overhaul their energy strategies to prioritise supply and affordability.
- They stressed that while decarbonisation is “essential”, it cannot be pursued in isolation, warning that geopolitical shocks, such as the conflict in the Middle East, have left Europe “hopelessly exposed”.
- A new report from the Tony Blair Institute (TBI) suggests that future global energy leaders will be those providing “abundant, secure and affordable energy at scale”.
- The report criticises decisions by the UK and Denmark to phase out fossil fuel production, arguing these have made the region more vulnerable to international markets during unstable times.
- It also recommends a long-term “common market” relationship between the UK and EU for energy, suggesting Britain should be able to “opt in” to a continental electricity system planner.
IN FULL
Cheap, plentiful energy is more important than climate-first strategy, says Tony Blair