id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
cord-030909-6if3qquj	nan	Perspectives on the Economics of the Environment in the Shadow of Coronavirus	2020-08-27		.txt	text/plain	28248	1347	48	Based on these points, it becomes clear that a green recovery plan with resources directed towards achieving the combined objective of both providing the necessary economic stimuli for recovery and also promoting the transition to a low-carbon economy and adaptation to climate change along with investment in natural capital and increase in comprehensive savings could be a feasible and efficient plan. The current global greenhouse gas (GHG) emissions trajectory indicates that the world is likely to experience catastrophic consequences due to climate change, unless swift action is taken towards funding green solutions and the defunding of fossil fuel activities ( Given the ambition of the European Union to become a net zero-carbon economy by 2050 and the numerous calls to avoid the bailout and stimulus packages towards fossil fuel companies , we examine whether the features of the European Central Bank's (ECB) €1350 billion Pandemic Emergency Purchase Programme (PEPP) encourages the resilience of the incumbent fossil fuel sector, or whether it promotes the growth of the emerging low-carbon energy sector during the COVID-19 pandemic and beyond.	./cache/cord-030909-6if3qquj.txt	./txt/cord-030909-6if3qquj.txt