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Source: (Pressenza London, 2019)

The Green New Deal is a plan promoted in the United States with an enormous ambitious perspective
that aims to promote a radical change of the American economy, as a measure to fight against the climate
change and offer the quality jobs. The word ’Green’ refers to the climate and ‘New Deal’ refers to the New
Deal the president Roosevelt established in order to face the consequences from the Great Depression in
the Thirties (European Commission, 2019).

The European Commission presented the EU Green Deal in 2019 with fifty concrete actions and measures
in order to convert the European continent in the first one to be environmentally neutral. The EU Green
Deal aims to achieve by 2050 a clean economy in order to protect the natural habitat with zero emissions.
The measures are the mirror of the EU and its citizen feeling about the problems that the climate change
suppose. It considers that actions to reduce or eliminate the negative effects of the climate change will be
essential for innovation improvement. The European Commission plans to create a transition fund for the
regions depending on fossil fuels in order to transform the EU economy into the one leading the change to
a sustainable economy and society (Mundial, 2019). Therefore, the European Commission aims to reduce
the emissions by 50% or 55% by 2030.

Examples of Technologies

Silver Bullet

The silver bullet describes the innovative idea of using technology to remove he carbon dioxide from the
atmosphere. However, even being a warming temperature gas, the atmospheric concertation is very low,
making it very difficult to be captured. The captured CO2 can be converted into liquid fuel by mixing it with
hydrogen, then passed over a catalyst at 900C in order to form carbon monoxide. Adding more hydrogen,
it turns into a synthesis gas and this gas is turned into a synthetic crude oil.

However, environmentalists are concerned because this technology could provide a false hope, and foster
the continued dependance on fossil fuels that affect the environment. It is important to reduce the
consumption and reduce the carbon footprint (McGrath, 2019).