As the astronomical costs of Net Zero plans are becoming evident by the day, EU leaders face the prospect of growing discontent and revolt over the relentless rise in energy prices and consumer pain.
After years of assuring voters that renewable energy will make energy cheaper and Europeans better off, EU leaders are now forced to concede that these plans will actually hurt consumers very badly.
The EU Commission is proposing a series of far-reaching measures that will drive up the cost of running a car and heating homes.
If it goes ahead, households will have to shoulder not only rising energy costs but also the rising cost of Europe’s record carbon price in their heating bills and fuel pump prices.
It doesn’t take much to consider the political upheaval and public revolt once the pain of Net Zero is felt by voters.
EU leaders brace for clash on how to implement climate goals
European leaders are on a collision course over the looming impact of radical emission targets on their citizens and businesses as the cost of going green hits home across the EU.
A summit in Brussels on Monday and Tuesday is set to be dominated in part by discussions on how to decarbonise swaths of the European economy so that the bloc can meet its goal of reducing CO2 emissions by 55 per cent by the end of the decade.
In particular, the summit may blow into the open the distributional questions at the heart of the green agenda as it will impact voters’ disposable incomes by driving up household energy bills, pump prices and food costs.
Officials expect a divisive debate that pits richer countries in western Europe against their poorer and more polluting counterparts in the south and east. In a sign of how contentious the debate may prove, ambassadors clashed on Friday over the meeting’s draft environment conclusions.
One EU official said the summit would see leaders “reaffirm their sensitivities, their priorities” on the climate debate, warning that many of the trade-offs would be “very tricky to solve”….
Brussels will propose a series of far-reaching measures, including the potential expansion of the ETS to retail sectors such as cars and heating. If it goes ahead, households will have to shoulder part of the cost of Europe’s record carbon price in their heating bills and fuel pump prices.
Read more at Financial Times
Net Zero will leave goverment treasuries with net zero in the bank. This will not aid conservation one iota.
Just over a week ago they turned off our power for couple of hurs while they worked on the Lines here in Northern Clifornia i wonder if t heir getting ready for this Black Outs caused by
They know that they’ve set impossible goals, they know that trying to achieve those goals will cause pain. In Ontario, McGuinty and Wynne both sacrificed their political careers for the phony socialist cause. They’ve been rewarded with new careers in Ivory Towers. That’s how the climate change machine marches on. That, and the weak conservatives who give in to the BS.
If I understand how the EU works, the series of far-reaching measures will need a 100% buy in from the member states to be implemented. That just isn’t going to happen. The impact on the citizens of Poland, the Czech Republic, and other nations in that region would be too high. The article also makes the obvious point that as people are really hurt by climate change measures there will be voter back lash. I’m glad the article mentioned the price of food. It seems the fact that action on climate change will increase food prices is over looked by many.
Carbon taxes will definitely impact farming, maybe enough to offset the biofuels benefit.
There’s a statistic floating around out there that affluent societies throw away 30% of the food they produce. I don’t know the veracity of that, but it looks like dumpsters will be eating more expensive food.
“If I understand how the EU works, the series of far-reaching measures will need a 100% buy in from the member states to be implemented.”
No, if member states don’t agree with Germany, they face rude financial sanctions. The EU = Nazis’ 4th Reich. This is why it needs a European army, to bring peace in Europe like it did in 39-45 !
Thank you for the fact check. I hope you are wrong but fear you are right. It seems as if Germany never lost the totalitarian mind set of the Nazi’s. Some friends were walking in a residential neighborhood in Germany. Above every garage was a list of items that the government had given the owner permission to have in the garage.