The European Unions climate change policy is at the point of collapse, the carbon floor price has crashed through the floor to an all time low of €2.63 a metric ton, after MEPs voted against “backloading” the EU Emissions Trading Scheme (ETS).
The EU ETS has been in crisis for years, there was a huge €5bn VAT fraud, then the computer systems were hacked and down for weeks, the price of carbon globally has been in free fall and backloading was the last ditch attempt to save the ETS.
Backloading is essentially withholding from sale 900 million carbon permits in an attempt to drive up the price of carbon which continues to fall due to the economic problems and decline in manufacturing in the EU.
Commissar Connie described backloading as “no brainer”, ignoring the obvious irony of such a statement, Hedegaard had put her all her political clout behind backloading, the rejection by the EU Parliament is a decisive blow to Hedegaard and the Green Agenda she relentlessly pushes. Read the rest of this entry
Carbon Capture and Storage (CCS) is another Green technology that is being currently pushed very hard so we can all be saved from Anthropogenic Global Warming.
CCS like all the Green Dream technologies is very expensive, requires huge tax payer funded subsidies and is the usual mix of environmental tokenism and gesture politics that so typifies the Greens.
Britain’s last CCS project was cancelled in October 2011 after the companies involved Scottish Power, Shell and the National Grid, pulled out citing funding issues, in short they wanted more Green subsidies to make the project financially viable, the typical refrain for all things Green, more taxes and ever increasing energy bills.
Never one to let anything deflect her from her Green Agenda, the EU’s unelected Climate Commissar Connie Hedegaard and the other european Green fools held a contest to provide funding for CCS: Read the rest of this entry
2012 was going to be a good year for unelected EU Climate Commissar Connie Hedegaard, January 1st saw the imposition of the EU’s Green tax on flying, in June Rio+20 held the promise of reigniting the climate superstition and fear of 20 years earlier and Hedegaard was pushing all out for the complete de-industrialisation of Europe with a bigger 30% emissions cutting target.
In June Rio+20 failed to achieve anything, despite the prolific use of the sustainable development meme, 20 years of failed environmental Armageddon events and Green politically correct science saw the much hyped Earth Summit fail.
In response Comrade Connie along with the sheep of the tabloid warming alarmist movement embraced event attribution, despite the very climate scientists and organisations so often quoted by the Greens, warning against attributing weather events to Anthropogenic Global Warming.
Now as a global trade war with the bankrupt European Union vs the rest of the world has loomed large, the Green rollback in europe gathers pace as the EU suspends its Green flying tax for 12 months: Read the rest of this entry
EU Climate Commissar Connie Hedegaard is looking increasingly isolated from the other EU Commissars about Carbon Targets and the de-industrialisation of Europe, for Hedegaard it is business as usual while she ignores the economic realities of Green stupidity.
The first signs of the EU distancing itself from Green Climate stupidity happened at the UN pre COP18 meeting in Bangkok last month, where Hedegaard was pushing for a 30% cut in EU CO2 emissions, while EU officials described even a 25% cut as fancilful thinking.
The next set back for Hedegaard came again in September when the US conclusively said no to the EU Green flying tax, Hedegaards response was to jump on the Global Warming Extreme Weather event attribution band wagon, at the very time when the warming alarmist journal Nature concluded that climate science was too immature to link extreme weather with Anthropogenic Global Warming.
The good news is, it gets worse for Comrade Connie’s Green Agenda Read the rest of this entry
This has to be the first setback for unelected EU Climate Commissar Connie Hedegaard, not satisfied with the 20% emissions cut that is already driving manufacturing business out of the European Zone, Hedegaard has been pushing hard to completely de-industrialise Europe with a 30% emissions cut.
When British Climate Change secretary Chris Huhne was forced to resign from the Government to face criminal charges for Perverting the Course of Justice, Hedegaard lost a valuable ally, since then the dire economic situation in the Euorzone and the epic failure of Green Energy in Germany have damped the enthusiasm to commit economic suicide.