It's a damn shame that the EU's plan to reduce our already low emissions (<6% globally) to zero by 2050, at great cost to our collective wealth, will result in a reduction in global warming of less than 0.02 C (1). That is if industry doesn't just move to India, China, Indonesia, etc.

(1) Based on the IPCC rule of thumb of 0.45 C increase per 1000 GtCO2 emissions, see e.g. https://www.cambridge.org/core/books/climate-change-2021-the...