Is the EU’s 30% climate budget greenwashing?

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

image

When then-defence minister for Germany Ursula von der Leyen ran for the European Union’s top job last year, she pitched herself as a climate enthusiast.
“We must go further. We must strive for more,” she said during her candidate speech at the European Parliament. “I want Europe to become the first climate-neutral continent in the world by 2050.”
She got the job, and has been serving as European Commission president since December.
Under her leadership, the commission — though the initial proposal pre-dates her presidency — suggested spending 25% of the European Union’s seven-year budget and the coronavirus recovery package on “climate targets.”
The EU governments pushed for even more, and committed to spending 30% of the EU’s budget on climate — a 10% jump from the 2014-20 budget. With a total package of 1.8tn euros ($2.1tn), the climate tag comes in at 600bn euros.
But while…

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