The Economic Consequences of Net Zero in the EU
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The EU needs to move at pace if it wishes to achieve its stated goal of Net Zero emissions by 2050. Despite being enshrined in law, the EU’s goal faces significant implementation challenges and the costs to the economy are not clear. Join us at our webinar to find out more about the EU’s planned transition and its economic consequences. During the webinar we will look at:
- The EU’s energy system, its transition plans and the rate of decline in fossil fuel use.
- The complex system for taxing fossil fuels and emissions in the EU and forecasts for the carbon price.
- Some of the key economic consequences of achieving Net Zero by 2050.
- A peek under the hood: improvements made to our macro model to include European climate policy
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SpeakersGaurav Ganguly Head of EMEA Economics Moody's
Dawn Holland Director – Economic Research Moody's Analytics
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Dr. Gaurav Ganguly is the Chief European Economist and Head of the Climate Change Group at Moodys Analytics. Gaurav is an expert on a number of international economies having spent several years analysing and commenting on countries across Europe, Asia and the Americas. Gaurav has previously worked in financial services, consulting and audit. He was a research fellow at the Grantham Institute for Climate Change at Imperial College in London, where he developed a framework for using climate scenarios within financial institutions. He currently teaches Environmental Economics at Imperial College. He did his PhD in Economics from the University of Oxford.
Dawn Holland is a director of economic research at Moody’s Analytics, where she focuses on European economies and climate modelling. Her background is in macroeconomic modelling and forecasting, with a focus on fiscal policy and modelling interactions between the macroeconomy, poverty, inequality and the environment. She previous served as chief of global economic monitoring for the United Nations Department of Economic and Social Affairs in New York, and headed the macromodelling work of the National Institute of Economic and Social Research in London. Dawn holds an MSc in Economics from the London School of Economics and a BA in Soviet and East European Studies from Tufts University.