Source: Foundation for Economic Education
by Cláudia Ascensão Nunes
“The European Green Deal, launched in 2019, is an ecological pact that has been, unequivocally, an enemy of European taxpayers and innovation. Its declared goal is to achieve net-zero emissions by 2050 through a dense web of regulations that reach deep into every sector of the European economy. More than any other sector, the automotive industry is being put at risk of an irreversible crash. Pressuring companies and citizens alike, the pact promotes the renunciation of capitalism, an inevitable sacrifice in the name of green policies. Such binding commitments will have severe economic consequences for a European Union increasingly weakened by its own laws and regulations.” (11/05/25)
https://fee.org/articles/the-eus-green-ideology-is-crashing-europes-car-industry/