Billions for the European Union’s climate policy are not enough. Ursula von der Leyen wants much more. The idea of the head of the EC was commented on by MP Marcin Romanowski.
Ideologues and proponents of the radical pace of energy transformation are not slowing down for a moment. The President of the European Commission, Ursula von der Leyen, does not hide that Europeans will pay even more.
Trillions for the climate
“When it comes to financing actions related to climate change, we need to move from billions to trillions,” the politician wrote on website X. “To achieve this we need new sources of income,” she added.
“New fees, green bonds and of course carbon dioxide emissions prices,” she announced. “More than ever, we need strong partnerships like the Global Gateway,” she said.
The Global Gateway Initiative is a global strategy of the European Union to invest in infrastructure projects and create economic partnerships based on specific principles. The project was initiated by the European Commission.
“The Global Gateway strategy is sustainable and reliable connections that serve people and the planet. It helps tackle the most pressing global challenges, such as fighting climate change, reforming healthcare systems and improving the competitiveness and security of global supply chains,” we read on the European Commission website.
Romanowski: Utopia and big business
Marcin Romanowski of Sovereign Poland commented on Von der Leyen’s entry. The politician recalled that the enormous costs of the green revolution will ultimately be borne by Europeans.
“To continue its radical climate policy, the European Commission does not need billions, but trillions of euros. Where will that come from? Von der Leyen says it clearly: the EU will introduce new euro taxes and levies and take out green bonds. As usual, the costs of implementing utopia and the interests of big companies will be borne by ordinary people” – said the MP of Sovereign Poland.
Source: Do Rzeczy
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
