European Green Deal: Challenge and Opportunity for WV Exporters
June 28, 2023
The European Union has been working on a new economic policy called the European Green Deal that will make Europe the first climate-neutral continent by 2050. This means that the EU wants to reduce its greenhouse gas emissions to net zero by the mid-century. But what does that mean for businesses here in West Virginia?
Because the European Green Deal is a major shift in economic policy, businesses need to be aware of the changes and make sure they are prepared to comply with new regulations if they hope to be well-positioned to succeed in the European market. For example, businesses may need to reduce their energy consumption or switch to renewable energy sources and consider the impact their products have on the environment.