Where will the green transformation take us?

The European Union is responsible for emitting less than 9 percent of the carbon dioxide entering the atmosphere worldwide each year. At the same time, the EU is a world leader in the development of climate policy - introducing regulations to reduce the volume of CO2 production. The European Green Deal is to achieve climate neutrality in the Union in 2050.The cost of this program - 7 trillion euros. What effect will the spending of such a huge sum have?