Urgent action is needed to reduce greenhouse gas emissions and avoid the most devastating effects of climate change. That is why the EU aims to reduce these emissions by 55 % by 2030 (compared to 1990 levels) and to reach net zero emissions by 2050. The EU's Fit-for-55 package will use measures such as carbon pricing, regulation and green investment, all of which will have an impact on the economy. But how and with what economic consequences? ( Claus Brand, Günter Coenen, John Hutchinson and Arthur Saint Guilhem).

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