Wednesday, September 22, 2021
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Green Deal: Fear of yellow vests rebellion spreads across Europe

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Nevertheless, there is concern in Europe’s national capitals that the EU’s ambitious climate policy could cause social unrest. The Italian government, for example, fears rising electricity prices. The EU climate package calls for EU states to completely abolish subsidies for fossil fuels. This item currently accounts for 35.7 billion euros in the Italian budget – 12.5 billion of this goes to families and over 23 billion to companies. If they fall away, the mood could quickly turn against climate protection.

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