GREEN NEW DEAL FOR EUROPE : A PROBLEMATIC ECONOMIC QUESTION?

Finally the much-vaunted new Green Deal of the new European commission begins to take shape. The European Commission, in fact, presented on Tuesday 14 January the expected draft Fund for a fair transition which should help facilitate the path towards climate neutrality between 2021 and 2027 by 2050. The 100 billion euro package is one of the cornerstones of a revolution that is intended to be economic, as well as environmental. Eastern European countries will particularly benefit from the package. And it is precisely here that the first doubts about the real effectiveness and scope of the package would arise. The Eastern European countries, with Poland in the lead, are in fact the largest users of fossil coals, especially coal, and the fact that most of the funds would be allocated to them leaves many doubts and doubts among the most rich, like France, Italy and Germany.

The Just Transition Fund will play a crucial role (in Italian: the Fund for a fair transition). The latter will be provided with fresh money for 7.5 billion euros, which thanks to national co-financing, the InvestEu financial arm and the European Investment Bank will bring the total to 100 billion euros. According to the first estimates, to give an example, our country would be the recipient of about 400 million euros, a modest sum overall if compared to the total amount and the measures that will have to be…