Relation
Impact of Rescue Packages on Climate Change
In order to reduce bankruptcies and address immediate human concerns, many rescue packages were put in effect during the pandemic. These packages may have a long term effect on climate change efforts, for example:
- some rescue packages cover emission-intensive firms such as airlines
- fossil fuel industries may request future tax breaks or bailouts due to loss
It is important that rescue packages are build on conditional terms to prevent long-term climate effects
0
1
Updated 2021-04-13
Tags
SARS-CoV-2 (COVID-19)
Biomedical Sciences