A trillion euros on the wrong policy

GIS* statement by Prince Michael of Liechtenstein

There are several cost-efficient and market-friendly policies that could be implemented by both Germany and the European Union to reduce the impact of carbon emissions on the environment. However, these solutions are being cast aside while the European Commission attempts to create a planned economy through “green” measures.

So far the European Commission has not revealed how it plans to finance the trillion euros it intends to spend on climate change (source: GIS)

The European Commission proposes to spend one trillion euros over the next seven years to fight man-made climate change. The European Investment Bank will be in charge of administering and investing these funds. How this trillion euros will be financed remains somewhat obscure so far.

Obviously, it is important to fight pollution and waste and minimize their effect on the environment. However, natural changes in climate, which have always existed, will continue to take place. Furthermore, European emissions account for only a small percentage of global pollution, and our continent is continuously improving.

European emissions account for only a small percentage of global pollution

This trillion euros to be spent instead appears to be the financial basis of a centrally planned and guided economic stimulus. Unfortunately, this will also act as a tool to redirect our successful market economy model toward a planned economy …

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A trillion euros on the wrong policy


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