CDFCapital Decision Framework

Timely observations

Perspectives

Timely observations on developments affecting investment decisions, capital allocation and long-term real assets.

All perspectives

Perspective
20 August 2026
Public Support Changes Investment Economics. It Does Not Replace Investment Discipline.
New fiscal flexibility for energy resilience in Europe may materially change the economics of investments in efficiency, infrastructure, storage, renewables and industrial decarbonisation. The more important question for owners and investors is whether public support changes the investment case enough to make a project the best use of scarce capital.