The climate crisis is causing significant economic losses in the EU, with a brutal summer expected to cost the economy €180 billion this year.

Maybe this will finally get politicians to care about climate change: “The brutally hot summer is set to cost the EU economy €180 billion this year — that’s equivalent to roughly 1 percent of GDP, which is all the growth the bloc was expected to generate in 2026, according to new analysis.” https://www.politico.eu/article/europes-scorching-summer-could-erase-blocs-2026-growth/

Climate crisis wipes out EU's economic growth. Brutal summer set to cost EU economy €180 billion this year — equivalent to 1 % of GDP, which is all the growth expected in 2026. “Every year adaptation without mitigation is a year borrowed against a hotter baseline.” #GreenDeal #EnergyTransition #EUpol https://www.politico.eu/article/europes-scorching-summer-could-erase-blocs-2026-growth

Maybe this will finally get politicians to care about climate change: “The brutally hot summer is set to cost the EU economy €180 billion this year — that’s equivalent to roughly 1 percent of GDP, which is all the growth the bloc was expected to generate in 2026, according to new analysis.” Europe’s scorching summer is e...