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European Green Deal – Bottlenecks until 2030

Christoph M. Schmidt, Andreas Löschel, Karen Pittel, Christoph Bals, Audrey Mathieu, Sonja Peterson, Wilfried Rickels, Stefanie Berendsen, Ingmar Jürgens, Veronika Grimm, Sabine Schlacke, Holger Lösch, Norbert Ammann
ifo Institut, München, 2020

ifo Schnelldienst, 2020, 73, Nr. 06, 03-37

At the beginning of this year, Ursula von der Leyen, President of the European Commission, put climate protection at the top of the political agenda with the slogan “European Green Deal.” This EU deal aims to make Europe the first continent to become climate-neutral by 2050, with a cut in greenhouse gas emissions of 50–55 percent below 1990 levels by 2030 as a milestone on this path. A far-reaching restructuring of industry, energy supply, transport, and agriculture is planned, involving considerable investment. The coronavirus crisis has slowed down this project. How can the European Green Deal be implemented in times of Covid-19? Does the coronavirus pandemic endanger the climate protection program, or is it perhaps an opportunity for even more climate protection?

Keywords: Klimaschutz, Klimapolitik, Epidemie, Treibhausgas-Emissionen, EU-Staaten
JEL Classification: Q510, Q530, Q580

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ifo Institut, München, 2020