Tuesday, January 16, 2024

Seeking Green Utopia, The US And EU Are Quietly Killing Vital Industries

Last year, Germany's greenhouse gas emissions fell to 673 million tonnes of CO₂.

At the same time, CO₂ emissions were about 49 million tonnes of CO₂ below the annual target of 722 million tonnes of CO₂ derived from the Climate Protection Act.

According to Agora's calculations, only about 15 percent of the CO₂ saved constitutes permanent emissions reductions resulting from additional renewable energy capacity, efficiency gains and the switch to fuels that produce less CO₂ or other climate friendly alternatives.

CO₂ emissions in the transport and buildings sectors stagnated again in 2023, meaning that the sectors continue to fall well short of their climate goals.

In the name of green utopia, political leaders are quietly killing vital energy-intensive industries.

Agricultural protests against emission crackdowns in the Netherlands helped populist Geert Wilders win a surprise election victory, and similar demonstrations in Germany killed a green budget proposal.

France is actually making sense while the US and most of the EU is in green utopia la-la land. 

https://mishtalk.com/economics/seeking-green-utopia-the-us-and-eu-are-quietly-killing-vital-industries/ 

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