Europe Set To Unveil Its $500 Billion 'Green Deal'

Europe Set To Unveil Its $500 Billion 'Green Deal'

OilPrice.com

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The European Union is set to launch a down payment on a Green New Deal. As the world slips into a deep economic recession – and some indicators are as bad as the Great Depression – trillions of dollars are flowing in the form of government stimulus. To date, much of that has been aimed at re-inflating the pre-pandemic economy, particularly in the United States. In fact, the Trump administration has been going further, dealing out benefits to oil and gas while slapping fees retroactively on renewable energy. There has been quite a bit…

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