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‘European Grean Deal’ Will Cost Almost 30 Trillion Euros

Written by Drieu Godefridi

In a preparatory impact report, a copy of which has been obtained by the Financial Times before official release, the European Commission estimates that to achieve the target of reducing ‘greenhouse gas’ emissions by 90 percent by 2040 then 100 percent in 2050 — the main objective of the “European Green Deal” — Europe will need to invest €1.5 trillion a year from 2031 to 2050

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