Europeans want an energy transition that cuts costs, boosts autonomy and slows climate change

Three in four Europeans say the energy transition is urgent for their country. Asked to choose from several possible answers about what they expect the energy transition to bring, more than eight in ten (82%) mention less dependence on imported oil and gas, 79% steadier or lower prices, and 76% slower climate change. In every Member State, a majority expect the transition to slow climate change, from 58% in Estonia to 87% in Hungary. That is one of the key findings of the eighth Climate Survey, published today by the European Investment Bank (EIB). Conducted by Ipsos bva among 23 000 people across all 27 EU Member States, the survey comes as rising energy prices have significantly cut the purchasing power of six in ten Europeans. The three expected benefits of the energy transition score closely together, but their ranking has changed since 2022. Four years ago, slowing climate change was the most-cited benefit in 19 Member States, reducing imported oil and gas in eight, and steadier or lower prices in none. Today, reduced import dependence comes first in 16, prices in eight, and climate in three – Sweden, Malta and Luxembourg.

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