The high cost of electricity for industrial users in the European Union relative to other big economies is a substantial constraint on growth.
Problems with the intermittency of renewable energy sources mean that over the next five years, electricity prices are more likely to rise than fall.
Substantial European investment in electricity infrastructure is essential to address high prices and unreliable supply.
A sustained decline in the dollar's market share in the global economy will mean that US consumers are substantially worse off than they otherwise would be.
A permanently weaker dollar would substantially raise the US government's cost of financing its deficits.
