... the EU is now promising to cut carbon emissions by 90% in just 15 years. This goes even further than its already foolhardy promise of a 55% cut by 2030. ...
The EU splurged $381 billion just in 2024 on solar panels, wind turbines, electric cars and the like — more than its entire spending on defense. This is delivering skyrocketing electricity bills — last year they were two times higher than in the US. ...
... the climate impact from the EU’s policies will be next-to-nothing. Run the promised 90% by 2040 and net-zero by 2050 in the United Nations’ own climate model and compare the temperature outcome with the current policy. Because the EU matters little in global emissions and because it has already cut emissions significantly, it will only reduce global emissions through the 21st century by a small 3%. The temperature difference in 2050 is a vanishing 0.02°F and even by 2100 the impact will be impossible to measure at 0.07°F.
All while models show that the cost for the EU by mid-century could be more than $3 trillion every year — more than all current public spending in the EU. ...
More.
