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Europe's summer of extreme heat exposes contradiction in economic policy
Original: Europe’s summer of extreme heat exposes contradiction in economic policy
Europe's record-breaking summer heat is being linked to a tension in economic policymaking: central banks and governments pursuing growth policies that conflict with climate goals. Analysts argue that extreme temperatures are now imposing measurable economic costs, from strained energy systems to weaker output, forcing policymakers to confront policies that simultaneously fund and undermine climate resilience.
Why now: Extreme summer heat is making the economic cost of climate change, and the policy contradictions behind it, a pressing current debate
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- Europe’s summer of extreme heat exposes contradiction in economic policy · greencentralbanking.com
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