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Alice Stollmeyer
@AliceStollmeyer@eupolicy.social  ·  activity timestamp 7 days ago

Climate crisis wipes out EU's economic growth.

Brutal summer set to cost EU economy €180 billion this year — equivalent to 1 % of GDP, which is all the growth expected in 2026.

“Every year adaptation without mitigation is a year borrowed against a hotter baseline.”

#GreenDeal #EnergyTransition #EUpol

https://www.politico.eu/article/europes-scorching-summer-could-erase-blocs-2026-growth

POLITICO

Europe’s scorching summer is erasing its economic growth, says report

Dutch growth is set to be almost entirely wiped out, and France could be pushed into a contraction.
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Dźwiedziu
@dzwiedziu@mastodon.social replied  ·  activity timestamp 7 days ago

@AliceStollmeyer
If the economy is a barrier for mitigating the #ClimateCrisis, then we should want for the #economy to die.

Or else we will sooner than we expect.

#ClimateChange

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