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Gulf Press > World > Brussels, My Love: The Future of the Green Deal Post-Elections
World

Brussels, My Love: The Future of the Green Deal Post-Elections

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Last updated: 2024/05/25 at 5:41 AM
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In the latest edition of the weekly talk show, host Stefan Grobe and his guests delved into various pressing issues including the future of the Green Deal post-elections, the electric cars market in Europe, and the plateauing sales of organic food. The EU Green Deal, aimed at making Europe climate-neutral, is facing challenges with the upcoming elections. The panel discussed the importance of the Green Deal as a political concept and its survival in the changing political landscape. With the goal of making Europe climate-neutral by 2050, the EU adopted the European Green Deal in 2020. This initiative involves reviewing existing laws for climate merits, introducing new legislation on the circular economy, building renovation, biodiversity, farming, and innovation.

In light of the recent extreme weather events like floods and wildfires, the importance of the Green Deal cannot be overstated. The plan aims to create a climate-minded economy that is more competitive globally, with the potential to generate new jobs in emerging industries. However, doubts have been raised about the feasibility of the Green Deal in the current political climate, highlighting the need for a reevaluation of strategies moving forward.
The discussion also touched upon the electric cars market in Europe, particularly the challenges faced by European carmakers in the face of a slowdown in sales of electric vehicles. With Chinese models ready to enter the market, concerns about the future of European electric vehicles have been raised. Questions were raised about potential tariffs on Chinese EVs and the ban on new petrol and diesel cars by 2035. The possibility of a full-fledged trade war arising from these tensions was also discussed.

Amidst these uncertainties, European consumers seem unsure about the future of electric cars, further complicating the market dynamics. On a related note, the panel explored the topic of organic food in public food procurement. Emphasizing the environmental and economic benefits of incorporating more organic food, the panel discussed the need for legal criteria to increase the presence of organic food in institutions like company canteens and schools. Despite the potential benefits, sales of organic food have stagnated, hinting at a potential ceiling in the market.

Overall, the talk show panel highlighted the challenges and opportunities facing Europe in the realms of climate policy, electric vehicles, and organic food. The future of the Green Deal remains uncertain amidst changing political landscapes, raising questions about the feasibility of achieving climate neutrality by 2050. The prominence of Chinese electric vehicles in the European market poses a threat to the domestic industry, leading to discussions about potential tariffs and trade wars. The organic food market presents both environmental and economic benefits, but faces challenges in overcoming saturation points in sales. As Europe navigates these complex issues, strategic decision-making and international cooperation will be crucial in shaping the continent’s sustainable future.

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News Room May 25, 2024
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