EU Gets Ambitious on Climate Change in $572 Billion Stimulus

The EU has agreed on a €1.8 trillion economic rescue plan, with a third earmarked for climate action. The plan aims to achieve climate neutrality by 2050, focusing on renewable energy and electric vehicles. However, details on fund allocation are still pending, and some climate programs may be affected due to budget rebalancing. The Just Transition Fund has been reduced, impacting countries transitioning to greener economies. Despite these challenges, all funds must align with the EU's climate goals.

What is the total value of the EU's economic rescue plan and budget?

• €2 trillion

• €500 billion

• €1.8 trillion

• €750 billion

What is the primary goal of the EU's climate action plan by 2050?

• Achieve climate neutrality

• Increase fossil fuel usage

• Reduce carbon emissions by 50%

• Double the number of coal plants

Which new technology is mentioned as a potential area for EU funding?

• Natural gas

• Coal mining

• Hydrogen

• Nuclear energy

What was the original amount allocated to the Just Transition Fund before it was cut?

• €50 billion

• €20 billion

• €10 billion

• €40 billion

What must all EU spending align with, even if it falls outside the €500 billion for green policies?

• Healthcare improvements

• Economic growth targets

• Climate neutrality goal

• Military expansion