# How Much Europe’s Energy Dependence Costs You | Aurélie Maréchal, Postive Money Europe Director

Page: https://stenobird.com/podcast/climate-unf-cked-7472327/how-much-europe-s-energy-dependence-costs-you-aur-lie-mar-chal-postive-money-europe-director
Text version: https://stenobird.com/podcast/climate-unf-cked-7472327/how-much-europe-s-energy-dependence-costs-you-aur-lie-mar-chal-postive-money-europe-director.md
Podcast: [Climate Unf*cked](https://stenobird.com/podcast/climate-unf-cked-7472327)
Published: 2026-05-26T07:00:00+00:00
Episode link: https://episode.flightcast.com/01KSG0CT0PKNBVADFR85AN5V38.mp3
Audio file: https://episode.flightcast.com/01KSG0CT0PKNBVADFR85AN5V38.mp3
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Duration seconds: 3900

## Resource

Check out the UK's most trusted climate action platform, Ecologi at: https://tinyurl.com/kfswnxth Aurélie Maréchal is the Director of Positive Money Europe, an organisation working to reform the economic system so that it works for people and the planet. She's spent 15 years inside the European policy machine, watching the Green Deal go from a fringe idea to the headline of the European Commission, and then watching it disappear from political discourse entirely in just five years. She now spends her time showing policymakers, central banks, and businesses why the way we handle money, interest rates, and investment is one of the most powerful climate levers we're not using properly. This conversation unpacks the relationship between climate and economics that almost nobody explains clearly: why fossil fuels drive inflation, why raising interest rates to fight that inflation actually makes renewable energy harder to finance, and why the European Central Bank's standard playbook is accidentally locking us into the very system we're trying to escape. We talk about fossil inflation and climate inflation, why renewable energy projects are more sensitive to interest rate changes than fossil fuel infrastructure, and why the Green Deal went from mainstream policy to politically toxic in the space of two election cycles. Aurélie also shares what it's like working as an insider in Brussels, why lobbying isn't a dirty word but power imbalances make it dangerous, and why the arguments that work today aren't about saving the planet, they're about sovereignty, security, and competitiveness. —— This podcast is sponsored by Ecologi, the UK's most trusted climate action platform. They help businesses reduce their emissions, restore our planet and report their progress for every step of…

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## Transcript

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