The Green Deal comes with CO2-Specifications, reductions, bureaucracy, wants the complete transformation in order to achieve the climate goals. This is right, necessary – and drastic at the same time. And it affects the economy enormously, as you can see every day. The changeover costs companies a lot of money, such as new products E-Autosare not so easily accepted by consumers.
Some economic researchers see growth opportunities in the restructuring of the economy, others see the bitter reality that green growth may remain a pipe dream.
A British study (authors J. Hickel, J. Vogel) analyzed 36 industrialized countries, with the result: no country succeeded in reducing its CO2-Reduce emissions quickly enough and at the same time increase its gross domestic product. Reduction and growth don’t go well together, that’s what common sense tells you.
The alternative? Instead of on Economic growth at any price, growth targets should be reconsidered. You would have to find a model in which targeted reductions are made in certain areas. There are sectors that need people, but others where less is okay. Defining this will be difficult because it means giving up. But without it, saving the planet will not succeed.