Green Stimulus: Nice Work, If EU Can Get It

The European Commission on 27 May proposed 1.85 trillion euros in stimulus spending over the next seven years, 25% of which must go to things classified as ‘green’. Notable parts of the proposed spending include building renovations to improve efficiency, a massive roll-out in electric vehicle charging infrastructure, and enough spending on hydrogen to make it competitive a lot sooner than it would be otherwise. This week, Switched On speaks with energy transition analyst Dario Traum about the proposed spending, what it means to be 'green', and the questions that need to get answered before the money can be spent.This episode is based on a report titled How Green is the EU's Trillion-Euro Recovery Plan? BNEF clients can access this series on bnef.com or BNEF Mobile, or at BNEF<GO> on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins and Mark Taylor.See omnystudio.com/listener for privacy information.