Reality bites as EU backs away from climate goals

The European Commission’s new climate change and energy policy is due to be published today. Leaked reports have been circulating and it is clear that reality and the financial crisis are focusing minds and that expensive “feel-good” policies  are being dumped. After 2 decades, meaningless “climate policy” and emissions (read carbon dioxide) limitations have proven to be profligate and counter-productive. Climate has not been influenced in the slightest and European electricity prices are the highest in the world.

It is expected that binding national targets will be scrapped and instead there will instead be EU-wide “goals” or targets.

BBC:

  • Binding national targets on renewable energy are expected to be dropped from new EU proposals due to be unveiled on Wednesday.
  • The EU executive will also outline a goal on emissions cuts for 2030, set to be 35 or 40% below 1990 levels.
  • A source within the Commission said that going forward, there would be a EU wide target on renewable energy for 2030, but it was likely that there would not be binding national targets. 
  • As well as proposals on emissions cuts, the Commission will set out its thinking on shale gas. It is likely that they will suggest a series of non-binding recommendations as opposed to a EU wide regulation. 

  • The Commission will also outline an effort to reform the EU emissions trading scheme (ETS). 
  • The Commission’s proposals will go forward for consideration at heads of government meetings in March and June this year. ……  that the climate and energy plan may be watered down even further at these meetings.

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