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.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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