The measures included in the climate change law will increase GDP by 25,900 million until 2030

The integration of the measures included in the climate change bill will allow the generation of net employment of more than 1.7% during this decade and a growth of the Gross Domestic Product (GDP) estimated at up to 25,900 million euros.

This was assured by the fourth vice president and minister for the Ecological Transition and the Demographic Challenge, Teresa Ribera, during her speech at the Plenary session of the Senate on Tuesday, based on the calculations and reference models used in Europe.

Specifically, Ribera has detailed that the inclusion in the economy and in all the policies of the Government of all the measures aimed at curbing climate change could generate between 15,500 and 25,900 million additional euros in the national GDP until 2030.

Likewise, these measures create an additional net employment of more than 1.7% between 2021 and 2030 and would mean savings in the import of fossil fuels of up to 6,100 million euros, which could be allocated to social, innovation or training policies.

The vice president also pointed out that the investments derived from this climate change law would reach 235,000 million euros, as well as an improvement in air quality that would mean greater health protection and savings in costs associated with the health system.

“IT’S NOT A MAYAN PROPHECY”

Ribera said that the idea that climate change “is a Mayan prophecy” has already been overcome and it has been learned that the fight against this global warming generates opportunities for modernization, job creation, reduction of inequalities and waste management.

For this reason, he has appealed to the rest of the political forces, aspiring to agree on what are the horizons of economic recovery associated with Covid-19, since if this social and economic reconstruction “is not green, there will be greater problems”.

The fourth vice president has thus responded to the question of the senator of the socialist group Antonio Vázquez Lorenzo, who has criticized the actions of the PP and Vox in this area, equating them to the attitudes shown by the presidents of the United States and Brazil, Donald Trump and Jair Bolsonaro.

Vázquez also recalled the words of the former president of the Government José María Aznar in which he alluded to the “standard-bearers of the climate apocalypse” or the “denialism of Rajoy and his physical cousin”, as well as the cuts made by the City Council of the capital to the ‘Madrid Central’ project.

Source: Europe Press