A Furious Hungary Threatens To Veto Europe's Green New Deal | WHAT REALLY HAPPENED

A Furious Hungary Threatens To Veto Europe's Green New Deal

Yesterday, to much fanfare the EU unveiled an absurd set of climate change and emissions targets for 2030 which will transform every corner of its economy. As part of the plan, every industry would be forced to accelerate its shift away from fossil fuels in order to cut pollution by at least 55% from 1990 levels by 2030. To achieve that, the bloc will bring new industries such as shipping into what’s already the world’s largest carbon market; ban all new combustion-engine cars by 2035; impose new costs on dirty home heating; and force the aviation industry to emit less and pay more.

At least the EU was honest: “Nothing we presented today is going to be easy. It’s going to be bloody hard,” European Commission climate chief Frans Timmermans said.

Of course, Europe's "green new deal" won't come cheap.

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