EPHI Representative Adam Schlüssler speaks with Member of the European Parliament Axel Voss about the dramatic downturn of Europe’s chemical industry—and what it means for citizens across the continent.
Filmed in the heart of the European Parliament, the conversation pulls no punches: over 100 plants shut down in just 18 months. Skyrocketing energy, labor, and emissions costs are pushing companies out of Europe.
The shocking consequence? Medicine prices are already up by as much as 50%—and could climb even higher. Even more explosive: climate protection rules may actually be leading to less climate protection.
As strict EU regulations drive production to countries with lower environmental standards, global CO₂ emissions are rising—while Europe loses jobs and industrial strength.
Key issues discussed
- Carbon leakage: Are we exporting jobs and emissions?
- Reduced global climate protection and emissions trading: Is the system going wrong?
- Bureaucratic overload: How regulations are crushing businesses.
- Is the Green Deal going too far?
- Is Europe sacrificing its economy without saving the climate?
- Can AI and digitalization save Europe's industry?
Adam Schlüssler,
EPHI's Brussels representative
Watch the complete interview to hear the full arguments and implications.
