Posted on 06/01/2010 8:34:41 AM PDT by TigerLikesRooster
Europe and climate change
Two into three won't go
The European Commission suggests even deeper cuts in emissions
May 27th 2010 | From The Economist print edition
Carry on smoking, through 20% or 30%
ONE of the least convincing things about the European Unions energy and climate policy is the brazen catchiness of its slogan: 20-20-20. This refers to a 20% reduction in carbon-dioxide emissions and 20% share for renewable energy sources by 2020. The idea that rigorous analysis of the right policies happened to echo the target date seems, at best, trivially condescending. At least this weeks suggestion by the European Commission that the EU should consider unilaterally moving to a 30% cut in CO2 has the merit of showing that something other than public relations and numerology is at work.
Yet for many that is the limit of its appeal. The French and German governments have already come out against the plan. The main business lobby group in Brussels is opposed as well. Their argument is that bigger cuts would burden business at a difficult time, both by increasing the cost of carbon for such large emitters as the steel and cement industries, and by raising the price of electricity for everyone else. The commissions own analysis gives numbers for these. It puts the cost of achieving a 30% reduction (compared with 1990 emissions levels) in 2020 at 81 billion ($99 billion) a year, against only 48 billion to deliver the 20% target.
(Excerpt) Read more at economist.com ...
p!
I just hope by 2020 most people will have aquired 20/20 hindsight vision about the AGW scam.
achieving a 30% CO2 reduction would be genocidal, not suicidal (and I am not being sarcastic with that one)
It will be as successful as their cap and trade system.
CO2 emissions increased, the carbon trading system has been rife with corruption & scams, and energy prices and taxes increased.
No you are not!
The misery index cannot even be charted! One scientist estimates that 12.8 million children and AIDS victims will die if the global warming alarmists have their way with these draconian laws.
All for a money grabbing, power grabbing hoax!
Every bit of the AGW hoax is a scam. There's not a shred of truth.
It's a product that doesn't exist that never has to be delivered. What a sweet grift for the carbon-credit schemers.
There's some certainty in some things. For example the CO2 from fossil fuels is increasing the CO2 in the atmosphere. Also that increase causes some small amount of warming (the amount is scientifically debatable and uncertain).
What's also true is that the cuts that Europe has managed so far in a recession year (2008) of about 150ktons per day are a bit less than the amount put out by the Iceland volcano each day. So while mankind's outputs are much larger than volcanic as a whole, the meager cuts that Europe has done at great expense are being undone each day that volcano erupts.
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