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EU Set to Miss ‘Green’ Budget Target: Watchdog

November 23, 2016
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By Paul Homewood 

 

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From Breitbart:

 

BRUSSELS (AFP) – The European Union risks missing its target of spending 20 percent of its budget on action to tackle climate change, the bloc’s financial watchdog said on Tuesday.

There had been “no significant shift towards climate action” in key areas such as agriculture, rural development and fisheries, the European Court of Auditors said.

The green benchmark for the 28-nation European Union’s current seven-year budget was agreed two years ago after difficult negotiations in Brussels.

The findings will be a blow to the EU’s efforts to be seen as a global leader on climate issues as the world tries to implement the landmark Paris climate pact.

“There is a serious risk that the EU’s target of spending at least one euro in every five on climate action between 2014 and 2020 will not be met,” said report author Phil Wynn Owen.

“Progress has been made, but in key spending areas it is largely business as usual.”

The current level of spending on climate action in 2014-2016 was only 17.6 percent of the budget, meaning that the EU would have to increase spending to 22 percent from 2017 to 2020, it said.

Current estimates by the European Commission, the executive arm of the EU, of agricultural spending on climate action “include overestimation and lack sound justification,” the auditor said.

“The Commission has no detailed action plan setting out how it intends to catch up,” it added.

http://www.breitbart.com/london/2016/11/22/eu-set-to-miss-green-budget-target-watchdog/

 

The EU budget for 2017 is agreed at 134.4 billion euros, so a target of 20% would amount to 26.88 billion euros.

At a guess, I would estimate that the UK pays about 10% of the EU budget, so our share would be in the region of £2.3bn.

We normally think of climate action costs in terms of renewable subsidies and research grants. This is a reminder that there are other costs as well.

14 Comments leave one →
  1. November 23, 2016 2:52 pm

    Most of the EU budget is wasted on bureaucracy and regulations, with a massive chunk disappearing down a black hole (fraud). What’s a mere 26.88 billion euros in comparison when you are saving the planet whilst at the same time enriching your supporters and impoverishing the taxpayers?

  2. BLACK PEARL permalink
    November 23, 2016 4:04 pm

    I read recently that the EU area received 305 billion euros in 2015 in emission taxes ?
    If so spreading a few billion around to various climate & media orgs to continue propagating the never-ending fairy tale is well worth it.

    Doesn’t the UK alone receive over £14 billion a year in CO2 gas revenue ?

    Where would theses Govts be without such vast amounts of stolen cash as they’re ALL already running such massive deficits ???

    As long as the majority of the population continue to think and act like lemmings it will continue.

    But now we have Trump …… Just hoping he hits the ground running on this one

  3. Bloke down the pub permalink
    November 23, 2016 4:11 pm

    I wouldn’t mind betting that the money ‘spent on climate action’ is just Sir Humphrey-esque recategorisation of monies that would have been spent anyway. I’m thinking along the lines of re-naming the bin men ‘re-cycling operatives’ so that their jobs count as part of the green economy.

  4. November 23, 2016 5:06 pm

    Clearly France needs to shift its entire agriculture land to the growing of bio-fuels. Since the UK now has Somerset Brie, and produces its own wine, I’m sure we could sell them some.

  5. Green Sand permalink
    November 23, 2016 5:45 pm

    To keep the lights on the UK is burning oil!

    17:40 Top right dial – http://www.gridwatch.templar.co.uk/

    • BLACK PEARL permalink
      November 23, 2016 6:51 pm

      Looking at those dials, they’re all maxed out !
      If the wind wasn’t blowing what would make up the current 6% ?

    • November 23, 2016 7:18 pm

      It will be green oil, which is not the same as red diesel or pink paraffin.

    • November 23, 2016 10:09 pm

      Pls explain, cos none of those dials say oil

      • Green Sand permalink
        November 23, 2016 10:22 pm

        Stewgreen you are quite right, my bad. For some reason, and it has been there for years, I had the top right dial as Oil? When it is in fact ‘open cycle gas turbine’. No explanation, just another ‘senior moment’?

      • Gerry, England permalink
        November 23, 2016 11:50 pm

        The dials should all have the same scale so that you can clearly see how little windmills produce in comparison.

    • November 23, 2016 10:35 pm

      The Supplementary Balancing Reserve has been tested recently, so it will be mothballed coal and CCGTs that come to rescue, as long as the weather does not get too cold:

      http://bmreports.com/bsp/bsw.php

      I’m hoping for some modest power outages, they will almost certainly come on low wind days, nothing else will puncture the conspiracy of silence about wind power amongst the priesthood.

  6. NeilC permalink
    November 24, 2016 1:16 pm

    The Oil did used to be near top right, but they now have Solar. Have you noticed there is 1.48GW of Solar – at 1740 in the UK at the end of November, now how did they do that???

    • Bloke down the pub permalink
      November 24, 2016 7:30 pm

      If you click on the solar dial you’ll see a note that says solar pv is not metered in real time, so that figure may just be for when it was last measured, though it still sounds high.

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