The largest differences in the composition of fuels are seen in the Paper, pulp and print and the Non-ferrous metals (mostly aluminium in the Nordic region) industries. In the former, 59% of the energy is from biofuels in the Nordic countries compared to only 38% in the EU. In the latter, almost all of the energy use is from electricity in the Nordic countries, whereas industries in the EU also use a significant share of fossil fuels. As mentioned in Chapter 1, a higher carbon price will increase the opportunity cost of using biofuels, which will increase the price of biofuels all else equal.