The Washington Post lashes out at Europe’s failure to impose a continent-wide cap and trade scheme designed to make carbon fuels more expensive, calling European governments “incompetent central planners” and the continent as a whole a “green energy basket-case“.
The Post laments that Europe has blown a big opportunity to become a greener economy.
I can’t think of a single central planning endeavor that ever has been competent. The Post writes:
FOR YEARS, European leaders have flaunted their unwavering commitment to fighting climate change — and chastised the United States for lagging behind. But last week brought yet more confirmation that the continent has become a green-energy basket case.
[…] the market for carbon permits has all but collapsed. […] European governments have proved themselves to be incompetent central planners…
[…] Germany is irrationally shutting its nuclear power plants … and promising that renewables will somehow pick up the slack. Perversely, that approach has led power companies to ramp up coal burning….”
The Post also writes that the US “is now burning less coal even as Europe burns more” because of the US’s “practical embrace of natural gas and the continued use of nuclear power.”
Europe, with it’s overzealous campaign and stance against fracking and nuclear power, has maneuvered itself into an impossible energy position. As the Post writes, Europe is showing the world what not to do.
Also read a piece by Benny Peiser: “German energy produces sustainable laughter”