Europe’s Green Deal Runs Into Trouble Amid Spat Over Cost

  • Date: 12/12/19
  • Bloomberg

A radical plan to turn Europe into the world’s first climate-neutral continent is running into opposition right out of the gate.

Governments from the East of the European Union are threatening to torpedo a pledge to eliminate net carbon emissions by 2050 unless they are guaranteed more help in financing the transition. The airline industry signaled it’s ready to fight any attempt to make it pay more for polluting. And a push to regulate the burgeoning green finance industry got snarled up by a dispute over whether nuclear power should be included.

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