When the European Union approved its Green Deal, it was done to much fanfare and sparkles. Now, the fanfare and the sparkles are a distant memory as the EU grapples with the actual “how” of the transition equation it wrote for itself. Being quiet on the real costs of the transition push has not helped it, either. It’s not that the EU is not admitting the transition would be costly. The European Council calls the necessary investment “enormous”.
It seems the EU’s leaders have finally started taking notice, possibly helped by the widespread farmers’ protests, which were essentially a reaction to the Green Deal, which requires the diversion of money previously used to subsidize agriculture to the transition effort. That and the mountains of regulations that are weighing on farmers proved to be too much, and the farmers rebelled.
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