The European Union has set ambitious goals to reduce CO2 emissions by 90% from 1990 levels by the year 2040, an endeavor projected to cost 7-9% of the world's GDP. The article questions the efficacy of these plans, suggesting that for the same investment, countries such as China and India could achieve over four times more reductions in global emissions. This raises pertinent questions about the economic justification behind the EU's stringent targets and strategies.

In discussions regarding the Green Deal and the policies derived from it, the article points to a remarkable oversight of a fundamental economic principle known in microeconomics as the 'law of rising marginal costs.' This principle highlights that once economies of scale are exhausted, the costs of obtaining additional units of a desired outcome increase significantly. In the EU's case, pursuing further carbon cleansing efforts, even when initial carbon outputs have been mitigated, is deemed both technologically uncertain and economically impractical.

The failure to recognize this economic law reflects broader challenges in competitive market economies, where decision-making may disregard optimal economic principles in favor of political agendas. The article encourages reconsideration of the EU's approach to emissions reduction, urging policymakers to take into account more effective and economically feasible strategies that can truly benefit global climate initiatives.