An investment strategy to keep the European Green Deal on track
4.3 False narratives on climate policies are increasingly promoted
Even before the 2024 US presidential election, swings to populist nationalist parties in large countries including Germany and France suggested unease among voters about climate policy. These parties indeed often preach the false belief that decarbonisation is detrimental to competitiveness and security, when it is exactly the opposite. Green investment is fundamental for the EU to meet its pressing competitiveness and security objectives, even if complex trade-offs exist between these different societal objectives.
Being poorly endowed with domestic resources, Europe is highly dependent on fossil-fuel imports, as dramatically illustrated by the 2022-2023…