Why Europe's energy transition needs policy support

Europe faces a dual challenge: to reduce emissions and grow its economy. To help meet these goals and drive the energy transition, it will need to attract investments. Right now, however, the business case is simply not there.

The European Union already faces higher energy and labor costs than other regions. On top of that, restrictive and complex regulations could deter companies from investing in Europe.

But more supportive policies could make a real difference. Watch the video below to find out more from Philippe Ducom, President of ExxonMobil Europe.