EU fuelling economic ‘doom loop’ by weakening climate rules during record heatwave, Dutch bank says
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- Aug 12
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The EU risks fuelling an economic ‘doom loop’ by weakening climate rules during a record heatwave, Dutch bank says. Dutch bank Triodos has warned that Europe risks falling into a “doom loop” in which climate damage slows economic growth, prompting governments to weaken climate policy, and so leaving the continent even more exposed to future…
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“Europe risks falling into a “doom loop” in which climate damage slows economic growth, prompting governments to weaken climate policy, and so leaving the continent even more exposed to future heatwaves.” # EUpol # GreenDeal # EnergyTransition # EnergySecurity # ClimateCrisis https:// euobserver.com/232026/eu-fuell…
- Aug 11
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Dutch bank Triodos argues that by prioritising “competitiveness” over tougher carbon pricing amid this summer's heat crisis, the EU is leaving its economy more exposed to future climate shocks. https:// euobserver.com/232026/eu-fuell ing-economic-doom-loop-by-weakening-climate-rules-during-record-heatwave-dutch-bank-says/