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Decarbonization requires new fiscal rules

Climate policy is at a critical juncture. The world’s leading scientists see a rapidly closing window to avoid the worst ravages of global warming. With the enactment of the Inflation Reduction Act last year, the US has finally taken meaningful domestic action to reduce emissions. Now Europe is scrambling to respond. But the narrowly technical approach prevailing in the EU —
Philippa Sigl Glockner Joe Biden Dezernat Zukunft Max Krahe Cohesion Fund European Commission

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