CO2 Emissions Increasing In EU, Despite €1 Trillion In Green Subsidies

chartEurostat estimates that in 2015 carbon dioxide (CO2) emissions from fossil fuel combustion increased by 0.7% in the European Union (EU), compared with the previous year. —European Commission, 3 May 2016

Germany’s carbon dioxide emissions increased by an estimated 10 million tonnes from 2014 to 2015, in a blow to the country’s claims to climate leadership. A 2011 decision to phase out nuclear power within a decade has seen dirty coal maintain a significant share of the energy mix. As a result, progress on emissions has slowed. A decrease in 2011 was followed by increases in 2012 and 2013. –Megan Darby, Climate Home, 14 Match 2016

According to the Institute of German Business (IW) the cost of Germany’s once highly touted “Energiewende” (transition to green energy) will soar to a whopping €31 billion ($35 billion) in 2016 alone, thus further burdening the already ailing German consumerThe Energiewende is morphing into a central planning folly of the scale matched only by the Venezuelan Chavez communists. –Pierre Gosselin, No Tricks Zone, 3 May 2016

Germany paid wind farms $548 million to switch off last year to prevent damage to the country’s electricity grid, according to a Thursday article in the German newspaper Wirtschaftswoche. Germany’s wind and solar power systems have provided too much power at unpredictable times, which damaged the power grid and made the system vulnerable to blackouts. To fix the problem, grid operators paid companies $548 million to shut their turbines down, according to a survey by Wirtschaftswoche of Germany’s largest power companies. –Andrew Follett, The Daily Caller, 29 April 2016

Energy matters to economic growth and general prosperity, but to what degree? Over the last thirty years a new view of the English ‘Industrial Revolution’ is beginning to take shape that suggests it matters much more than is allowed for in mainstream economics, a development that gives further reason for concern about global attempts to reduce emissions through the adoption of renewable energy. –John Constable, Global Warming Policy Forum, 1 May 2016

Comments (2)

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    What is the source of this Trillion Euro claim? You can’t put that in the headline and not explain.

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    The Euro held the grand opening of the trial
    for the 5 billion dollar carbon trading heist .
    One of the three charged couldn’t make it
    as he was gunned down and is now decomposing carbon six feet under .

    Nobody said you can’t get rich on hot air .
    But a fraud is a fraud .
    More importantly how many of the 40,000 annual premature fuel poverty deaths in Europe could have been avoided had governments not actively promoted the scam and drove up energy prices while taking a piece of the action ?

    Climate changes and global warming is good while it lasts . If humans help in some minuscule way the forests , plants and animals are better off .

    The trial will only be for a couple of maggots while the big fish are sitting in cozy government jobs lobbying for more of the same.

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