The proposed 270 billion per year plan (€10.8 trillion total by 2050) for Europe to reach its target of becoming a low-carbon economy and society presented by Climate Commissar Connie Hedegaard yesterday has received a cool reception.
While the industry says not no fast – it’s too expensive, the environmentalists are complaining that it is not fast enough and does not allow them to take over Europe as its dictators.
The plan presented yesterday in Brussels is widely known as the EU Commission Low Carbon Roadmap, which aims to cut greenhouse gas emissions by 80-95 percent of 1990 levels by 2050. Interim targets have also been set: 25% by 2020, and 40% by 2030.
Europe’s emissions have gone down by 16% over the past two decades and the EU economy has grown by 40%. But much of that CO2 reduction came from shutting down the old communist mismanaged industry of former Warsaw Pact countries after the Berlin Wall fell in late 1989.
The EU climate commissars are encouraging Europe to take more action, some even resorting to ludicrous logic, like Connie Hedegaard – quoted by Environment News Service:
We need to start the transition towards a competitive low carbon economy now. The longer we wait, the higher the cost will be. As oil prices keep rising, Europe is paying more every year for its energy bill and becoming more vulnerable to price shocks. So starting the transition now will pay off.”
She’s saying: let’s switch over to expensive alternatives right away and really pay through the nose right now. That way we won’t have to worry about paying for higher-priced oil in the future!
And this low carbon-living isn’t going to make Europe more competitive, either. To be competitive energy has to be affordable and its supply steady. It’s not for nothing many countries are cutting back subsidies to wind and solar.
The EU Commission’s Low Carbon Roadmap outlines a vast number of criteria for meeting the the targets: smart meters, renovation of buildings, thermal insulation, energy efficient machines, expansion of solar and wind energy, etc. But environmental groups were disappointed by the plan as a whole. Klimaretter blogsite writes (emphasis added):
The proposals of the Commissar were “unacceptable” said WWF energy expert Regine Günther: ‘The Commission views an emissions reduction of 25% as possible’, but did not make it binding, says Günther. “Without any clear ambitious target requirements, the European economy will lose the competitive leadership in markets for energy efficiency and renewable energy in the near future.’ “
What’s bad news for the eco-dictators is of course good news for EU citizens. Sorry, but many of us don’t think that spending €10.8 trillion for a few tenths of a degree Celsius is worth it. Besides, whatever CO2 Europe saves in the decades ahead will be wiped out by China and India CO2 growth in just a few months.
Meanwhile others are biting off their fingers. Environment News Service:
Friends of the Earth’s Head of Climate Change Mike Childs said, ‘If these plans go ahead, European governments are effectively abandoning any realistic hope of keeping global temperatures rises below two degrees, locking us into catastrophic climate change.’ ”
‘If the EU is serious about tackling climate change it must slash its emissions by 40 percent by 2020, without buying carbon credits from abroad,’ said Childs.”
Words of an eco-dictator.