Europe Going Wobbly on Carbon Emission Goals?

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Speaking of carbon emissions, the Financial Times reports that high energy prices are “undermining support” in Europe for rules that mandate increased use of renewable energy sources:

European commissioners are considering scrapping the targets for 2030 in a move that would please big utility companies but infuriate environmental groups….A proposed compromise, at the heart of discussions over the 2030 package, envisages that a renewables target, of up to 27 per cent, would be non-binding.

….This compromise for 2030, if accepted in the face of German opposition, would represent a significant change from the EU’s 2020 targets, which included binding goals that EU states should cut overall greenhouse gas emissions by 20 per cent from 1990 levels and derive 20 per cent of their power from renewables.

A long, grinding economic downturn cuts energy usage in the short run, but reduces tolerance for higher energy prices in the long run. That’s what we’re seeing happen here.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

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As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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