Is it possible to comply with climate agreements in Europe without lowering the standard of living?

Europe is committed to reducing net CO 2 emissions, compared to 1990 levels, by 50% by 2030 and 100% by 2050. The key question is whether this is possible while maintaining the same long-term growth trajectory. We look at: Energy efficiency (ratio of energy consumption to GDP); The proportion of fossil fuels in total energy; The level of investment in renewable energy. We seek to identify the developments that can avoid the need to lower GDP to meet climate targets, and whether these developments are likely. If we extrapolate the recent trends in energy efficiency and the increase in the proportion of fossil fuels in the total energy mix, CO 2 emissions will be 36% lower in 2030 than in 1990 and 64% lower in 2050. Even a doubling of investment in renewable energies is not sufficient to meet the targets.