Energy industry is par excellence a major industry. Few businesses have larger money flows than energy. Thus, it is not unnatural that it draws attention of powerful people, public and politics. In 2000s Europe experienced major policy craze with renewable energy that is still riding the waves of popularity, albeit with first subtle hints of realism.
European politicians try to sell their ambitious climate goals and the proposed regulations to their citizens as a nice fairy tale: Policy driven investments in green technologies that cut emissions will not only save the world but also boost the economy, create jobs and strengthen Europe’s competitiveness.