Europe’s path to net-zero
Fostering the industrial component of the European Green Deal: key principles and policy options.
© The Author(s) 2021
Open Access: This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (https://creativecommons.org/
Open Access funding provided by ZBW – Leibniz Information Centre for Economics.
In 2019, Ursula von der Leyen adopted the European Green Deal as the flagship initiative of her new European Commission (von der Leyen, 2019). With this initiative, the EU executive arm aims at making Europe the first climate-neutral continent by 2050. To get there, EU member states committed to cut greenhouse gas emissions by 55% by 2030 compared to 1990 levels. With the Fit for 55 package, the European Commission unveiled in July 2021 a set of legislative proposals to achieve its 2030 climate target (Tagliapietra, 2021).