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Home » News » EU Requires €1.5 Trillion Annually to Achieve 2050 Net Zero Emissions Target, Research Shows
Finance

EU Requires €1.5 Trillion Annually to Achieve 2050 Net Zero Emissions Target, Research Shows

By Christopher EvansJanuary 30, 20242 Mins Read
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Credit: Kyle Wagaman/Flickr
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In a report endorsed by Green EU lawmakers, research indicates that the European Union will require 1.5 trillion euros ($1.6 trillion) annually to achieve its 2050 net zero emissions target. The European Commission is poised to propose a 90% cut in net emissions by 2040 from 1990 levels, accompanied by a substantial upfront increase in

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