Bold fiscal policies for a net-zero EU: Promotion of electric vehicles and expansion of green energy

Abstract

This paper considers bold fiscal policies for the transition to a net-zero EU. It argues for upfront incentives for electric vehicles and subsidies to renewable energy sources, and discusses the feasibility of those policies by drawing a parallel to fiscal policies during the early stages of the Covid-19 pandemic.

Keywords

• Net-zero transition
• Bold policies
• Electric vehicles
• Renewable energy sources