
After the Covid hysterical demagogues have caused lockdowns that have subtracted ~10% from Europe's GDP in a quarter, and perhaps 5% of the GDP in a more permanent sense, I was shocked to find out that the Gr*tenist terrorists (which are pretty much the same people) are still around, too. We surely need to cripple the European economy more than it was crippled so far, they say.
EU leaders agree to cut emissions 55 percent by 2030The price of carbon indulgences went up from €25 last month to €31 a ton of CO2 (now). It was below €3 in 2013.
Poland (which still naturally exploits King Coal) has been fighting against similar insanities. In the new deal, it's just being stated that "poorer EU members will get a financial help" (how much of a help is being promised and similar details are extremely hard to find out: transparency about the planned EU blow to the national economies isn't needed, is it?) and "nuclear and lower-emissions energy sources will be allowed". The OK to the nuclear power plants is fine but the 55% target is still economically murderous.
Just consider some activities that produce CO2. Personal transportation yields a fifth of that. Will personal transportation contribute a representative 55% cut in the CO2 emissions? This could mean that 55% of the car owners will either forced to stop using cars; or replace their cars by new electric cars by 2030. Are you serious? The average worker has to work for years to earn the money for an electric car that is comparable to his or her current petrol or diesel car; he needs to save for one year to earn just the "electric premium" (roughly €10,000). Don't expect the electric cars to get much cheaper. The electric batteries are likely to become more expensive if the demand builds up.














