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The European Green Deal: will the ends, will the means?

Andrew Watt, (2020), ” The European Green Deal: will the ends, will the means?”, Social Europe, 14 January

Carbon pricing will foster climate-friendly investment by the private sector but the investment gap if climate goals are to be reached is huge: the commission estimates it at €260 billion (around 1.5 per cent of 2018 gross domestic product) annually until 2030, not including mitigating the social costs of transition. Public-sector involvement will be critical.

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