{"id":30956,"date":"2019-12-22T13:58:36","date_gmt":"2019-12-22T10:58:36","guid":{"rendered":"http:\/\/192.163.207.100\/~timesku1\/news\/?p=30956"},"modified":"2019-12-22T13:58:36","modified_gmt":"2019-12-22T10:58:36","slug":"green-deal-will-make-or-break-europe","status":"publish","type":"post","link":"https:\/\/timeskuwait.com\/news\/green-deal-will-make-or-break-europe\/","title":{"rendered":"Green Deal Will Make or Break Europe"},"content":{"rendered":"<p>European Commission President Ursula von der Leyen\u2019s ambition to lead a \u201cgeopolitical commission\u201d is about to face its first big test. European heads of state are meeting to discuss her proposed European Green Deal, a sweeping project that could either unite the European Union and strengthen its position on the world stage, or generate a new intra-European political cleavage that leaves the bloc fractured and vulnerable.<\/p>\n<p>The need for concerted action is clear. The Green Deal is a response to accelerating climate change, which poses an existential threat not just to Europe but to the entire planet. The problem does not observe national borders, and thus requires collective global action. But the transition to a carbon-neutral economy also offers far-reaching opportunities. With the right strategy in place, Europe can boost its own technological innovation and deploy carbon pricing and other fiscal policies to protect European labor markets from being undercut by lower-cost production in China and elsewhere.<\/p>\n<p>Moreover, through the European Investment Bank, the EU already has a tool for mobilizing massive stores of capital for investments in infrastructure, research and development, and other essential areas. And, as Adam Tooze has argued, by issuing green bonds and other \u201csafe assets,\u201d Europe can secure greater economic dependence from other powers and start to establish the euro as a global currency.<\/p>\n<p>But alongside this positive vision are more dystopian scenarios in which the climate-policy debate creates geographic and socioeconomic divisions and fuels a populist backlash. Although climate change touches everyone, its effects are asymmetric, as are the costs of undertaking a transition to a carbon-neutral economy. The danger for Europeans is that the unequal distribution of the costs and opportunities will fuel a culture war between east and west, urban and rural, and so forth.<\/p>\n<p>This European debate is an echo of a broader global challenge. Many Eastern European countries still depend heavily on coal for energy generation, and thus fear that the push for carbon neutrality is an underhanded form of protectionism by advanced economies like Germany. Poland\u2019s energy minister , Krzysztof Tch\u00f3rzewski, has dismissed as \u201ca fantasy\u201d the notion that Poland, which relies on coal for 80 percent of its electricity, could achieve carbon neutrality by 2050, and estimates that the costs of such a transition would approach \u20ac1 trillion ($1.1 trillion).<\/p>\n<p>But, in addition to the east-west divide, the Green Deal could also create political rifts within every EU member state. French President Emmanuel Macron has tried to position France as a global climate leader. But his government\u2019s attempt to raise taxes on fuel last year backfired when millions of gilets jaunes (\u2018yellow vests\u2019) took to the streets in protest in late 2018.<\/p>\n<p>The European Council on Foreign Relations has conducted in-depth polling to understand policy preferences across Europe, and we have found climate policy to be a particularly divisive issue. On the surface, around two-thirds of Europeans in most countries polled think that tackling climate change should be a priority, even if it means curtailing economic growth. But up to one in four people do not think that climate change is a real threat, and are far more worried about Islamic radicalism and the rise of nationalism.<\/p>\n<p>The gilets jaunes are not an isolated phenomenon. Recent elections have shown how a program like the Green Deal could become a useful punching bag for populists and parties like the Alternative f\u00fcr Deutschland (AfD) in Germany and Rassemblement National (National Rally, formerly the National Front) in France.<\/p>\n<p>Critically, once you move from asking people whether climate change is a problem to how it should be addressed, concerns about socioeconomic fairness and the distribution of costs prove hugely divisive. Even in the European Parliament, where 62 percent of MEPs were elected on green-inspired platforms, only 56 percent agree that the EU should be pursuing a rapid transition to a low-emissions economy. Moreover, only one-third of MEPs are prepared to take tough action against companies with large carbon footprints.<\/p>\n<p>Generally speaking, then, there are two possible futures for European climate policy. The Green Deal could become Europe\u2019s chief new cause, lending momentum to European integration and strengthening the EU\u2019s global position vis-\u00e0-vis China and the United States. Or, it could become the next \u2018refugee crisis\u2019, a singularly potent issue that divides Europe between east and west, and that mobilizes populist forces within countries across the bloc.<\/p>\n<p>To make the first scenario more likely, EU leaders need to listen less to moralists like the young climate activist Greta Thunberg, and more to pragmatic realists who understand that paying off reactionary forces has long been part of the price of progress. The only way to shepherd the Green Deal to successful implementation will be to offer large fiscal transfers to the laggards, so that they, too, will have a stake in the clean-energy transition. Without European unity, there can be no effective European response to climate change.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-30958\" src=\"http:\/\/192.163.207.100\/~timesku1\/news\/wp-content\/uploads\/2019\/12\/Mark_Leonard.jpg\" alt=\"\" width=\"100\" height=\"100\" \/><\/p>\n<p><strong><span style=\"color: #008080;\">Mark Leonard<\/span><\/strong><br \/>\n<span style=\"color: #008080;\">Director of the European Council on Foreign Relations.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European Commission President Ursula von der Leyen\u2019s ambition to lead a \u201cgeopolitical commission\u201d is about to face its first big test. European heads of state are meeting to discuss her proposed European Green Deal, a sweeping project that could either unite the European Union and strengthen its position on the world stage, or generate a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30957,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,52],"tags":[],"class_list":["post-30956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-spotlight"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Green Deal Will Make or Break Europe - TimesKuwait<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timeskuwait.com\/news\/green-deal-will-make-or-break-europe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Green Deal Will Make or Break Europe - TimesKuwait\" \/>\n<meta property=\"og:description\" content=\"European Commission President Ursula von der Leyen\u2019s ambition to lead a \u201cgeopolitical commission\u201d is about to face its first big test. 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