Posted on 07/11/2021 11:01:20 AM PDT by Olog-hai
The official declaration of a global pandemic last spring brought with it a short-lived sensation of optimism: the virus showed us that we could do things differently.
EU officials agreed: they said that in distributing EU recovery funds, they wanted to avoid repeating the mistakes made after the 2008 financial crisis when billions of euros of public money went to bailing out the fossil fuel industry. […]
Now EU pandemic recovery funds are set to start flowing in the second half of July. With climate crises increasingly becoming a daily reality around the world, will the fossil fuel industry be bailed out for a second time?
A new investigation from Fossil Free Politics and the European Network of Corporate Observatories (ENCO) shows the EU is doing just that: in Italy, France, Portugal and Spain, at least €8.3 billion of EU recovery funds are planned to be spent on hydrogen and renewable gases thanks to lobbying from the fossil fuel industry. Oil and gas companies see hydrogen as a lifeline for their business, as well as one of their main products: fossil gas.
The report reveals that in the countries worst hit by COVID-19, hydrogen and renewable gases are set to receive more money than much needed intensive care units and new medical equipment (Italy) or the entire national health system (Spain). …
(Excerpt) Read more at euobserver.com ...
Europe always has the best stories and goals about green energy and then quietly does what needs to be done.
The spread of woke idiocy is much more of a crisis.
It's July. It's hot. As usual.
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