## Saturday, August 25, 2007

### Eight nations sue carbon regulators

Eight Central, Eastern, and Southern European countries, namely Czechia, Slovakia, Poland, Hungary, Malta, Estonia, Lithuania, and Latvia, have all started legal actions against the European Commission that attempts to impose low quotas on the production of carbon dioxide, the gas that we call life.

Latvia became the sixth member who joined the team one month ago. It demands 1.8 times higher quotas than it has received! During the last week, Malta (the only non-post-socialist player) and Lithuania became the 7th and 8th members of the team.
The environmental bullying of New Europe
This region has seen a higher growth of the GDP because these economies are naturally approaching the strength of the economies of other members of the European Union. The quotas are designed to choke the expected future growth and act as a new form of communism - a disease that has been plaguing the region for nearly half a century and that has temporarily transformed many developed nations to second-world countries (which is something in between the first-world and third-world countries).

Morally, the situation is pretty clear but it is not so clear legally. At any rate, the total quotas for Europe will be the main factor that will decide about the price of the carbon indulgences and that will determine the growth of all economies that participate in this gray game with hot air, not only the countries of the Central and Eastern Europe.

#### 1 comment:

1. Hi Lubos, I enjoy your 'Blog.

However, you might be interested. Very often when I go to it (it might be the first time after the browser is restarted, but the browser often goes a week or more without restart, so I can't be sure), I get redirected to this site: http://www.e-dittoditto.com/

Perhaps one of your adverts has a malicious script in it...?