Low-carbon leakage

The real threat to the European economy is not carbon leakage, but that the low-carbon future will happen elsewhere.

Over the past decades, Europe has made real progress in preparing its economy for the low-carbon transition. We have decoupled GDP growth from increases in carbon pollution, we have made our industries more efficient (though there is much more to do), and we have invested billions of euros in the fast-growing industry sectors that could drive our economy to a high-innovation, high-value, high-employment and low-carbon future.

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