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EU Parliament Votes For Economic Suicide

October 12, 2020
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By Paul Homewood

 

The absurd buffoons in the tin pot EU Parliament have just voted to bang another nail into the coffin of the increasingly irrelevant European Union:

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The European Parliament voted on Tuesday (6 October) to update the EU’s climate target for 2030, backing a 60% reduction in greenhouse gas emissions by the end of the decade, up from 40% currently.

Lawmakers in the EU assembly voted the proposed amendment on the 2030 target by 352 votes to 326, with 18 abstentions.

The text will now be forwarded to the EU Council of Ministers representing the EU’s 27 member states for final approval. The EU’s objective is to wrap up negotiations by the end of the year.

The Parliament’s decision on the 2030 climate target took place on Tuesday evening as part of a wider vote on a proposed European Climate Law, which seeks to enshrine into hard legislation the EU’s goal of reaching climate neutrality by 2050.

“We did it! 60% did win!” said Jytte Guteland, a Swedish MEP from the Socialists and Democrats (S&D) group, who was the Parliament rapporteur on the proposed European Climate Law.

https://www.euractiv.com/section/energy-environment/news/eu-parliament-votes-for-60-carbon-emissions-cut-by-2030/

 

It is hardly a source of encouragement that even the MEPs voting against the motion wanted a cut of 55% instead.

The decision will now be put to the Council of Ministers in December, when the usual arm twisting and fudging will take place.

Most MEPs are failed national politicians and placemen, a bunch of self important nobodies.. And this decision highlights just how remote and detached they have become from the voters they are supposed to represent.

In 2018, GHG emissions in the EU were 25% below 1990 levels:

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EU NIR May 2020_v2

However, a large chunk of this fall took place in the 1990s, mainly as a consequence of the closure of ex Soviet industries in the east. There was another sharp fall of 548 MtCO2e during the financial crisis between 2005 and 2009. These two factors account for an 18% cut from 1990 levels.

During the last decade, emissions have only fallen by 468 MtCO2e, or 8% from 1990 levels. To hit the 60% target, emissions would need to fall by a further 1971 MtCO2e, which would mean a cut of 53% from current levels. I don’t think it’s an exaggeration to say that nobody in the EU Parliament has the first clue how this could be done in just a decade!

The proposals will effectively put the EU into line with the UK, where the Committee on Climate Change has set the Fifth Carbon Budget requiring a cut of 57% from 1990 levels for 2028-2032. However we have already cut by 42% from 1990, much more than the EU has achieved so far, making set of cuts a little bit easier.

The EU is increasingly becoming irrelevant in global terms, producing only 8.6% of world emissions. And an indication of the EU’s relative economic decline is given by the large fall in primary energy consumption in the last decade, in stark contrast to the US where it has held up:

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Policies like this will ensure that the EU continues its decay into mediocrity. That’s if it is even still here by then.

18 Comments
  1. Mike Gilding permalink
    October 12, 2020 11:41 am

    If all the MEPs and all of the bureaucratic funtionaries stopped breathing, that would make a splendid contribution. They reached net zero in value long ago.

    • Sobaken permalink
      October 13, 2020 10:31 am

      How long before Forbes censors it, just like they did with Shellenberger?

  2. October 12, 2020 12:03 pm

    She looks like the woman running the EU show the day Nigel Farage led the United Kingdom delegation. When they broke out their little flags to wave she had a kitten and then Nigel led the delegation as they stood up and walked out.

    I watched the clip a number of times for the sheer enjoyment of seeing the EU discombobulation.

  3. Harry Passfield permalink
    October 12, 2020 12:03 pm

    The CCP, with Xi Jinping at its head, must be clapping their little colonialist hands in raptures at the news. They get their enemies to destroy themselves. Job done. The UK will be next, as will the USA if Trump fails in his re-election. There won’t be much of the World not under the Chinese heel.
    I can find no words to describe my feelings towards the out-and-out treasonous cowards who have led this country over the last 30 – 60 years (they have long-term plans). There are more in the grip of the CCP and they are selling this country’s future for the promise of personal wealth and power. They are beneath contempt. We know who you are.

    • Robin Guenier permalink
      October 12, 2020 3:09 pm

      But … but that can’t be true. Surely you noticed that nice uncle Xi just told the UN that China aimed for ‘carbon neutrality’ in forty years time?

  4. Mack permalink
    October 12, 2020 12:12 pm

    Most of the MEPs, and the vast majority of all leading European politicos, are like members of the ill fated orchestra on the sinking Titanic after the last packed lifeboat had sailed, fiddling whilst facing certain doom. Unlike the orchestra though, their trip to the economic equivalent of Davy’s Locker will be entirely self inflicted. Unfortunately, they are dragging us all down with them.

  5. October 12, 2020 12:55 pm

    Sadly when all else collapses and civilization heads for the caves, the last people to acknowledge this and indeed to be in jobs will be the bureaucrats ( thinking about it they will probably have already taken over the caves)…. Bureaucracies are not there to serve the people…. what a silly idea!

  6. Mad Mike permalink
    October 12, 2020 1:02 pm

    I’m probably in my last decade of life if I fall in line with statistics so I can afford to be more laid back than most about this circus. I look forward to the excuses the politicians will use and the changes in directions they will need when the economic and lifestyle reality becomes obvious to the general public. Oh, the joy of it. I can hardly wait.

  7. Chilli permalink
    October 12, 2020 1:34 pm

    Wish we had the satisfaction of knowing the UK was uncoupling herself from this virtue-signalling idiocy – but UK politicians are even worse. However it looks like Bojo’s flu lockdowns will see off the UK economy long before his Net Zero policy does.

  8. Mike Jackson permalink
    October 12, 2020 1:51 pm

    Sorry to say this but my recommendation is to stock up on your favourite fuel (we have enough wood to deal with this winter) make sure you have a couple of 5-litre cans of petrol/diesel and pray for a hard winter.

    It is the only thing that is going bring these cretins to their senses!

    • Joe Public permalink
      October 12, 2020 1:57 pm

      +1

  9. Thomas Carr permalink
    October 12, 2020 2:01 pm

    Each member state to reach climate neutrality. Wait ’til that reaches the electorate of a democratic country. Talk about a denial of economic gravity. You would think that elected representatives — MEPS — would have a better understanding of their naive intention and dissolving credibility.

  10. edwardrodolph1891 permalink
    October 12, 2020 3:38 pm

    Wasting yet more £billions, -mercifully OUR contributions will be long over by then! Whatever helps send the EU to its inevitable end is good news.

  11. Tonyb permalink
    October 12, 2020 8:33 pm

    I don’t remember reading about this or did I just not watch tv or buy a newspaper on the right day?

    Similarly I never heard anything about the ozone hole being one of the biggest in the last 15 years nor that the biggest ever hole over the arctic opened up in the spring.

    I must be somehow missing these important snippets of news

  12. Athelstan. permalink
    October 13, 2020 6:29 am

    “The absurd buffoons in the tin pot EU Parliament have just voted to bang another nail into the coffin of the increasingly irrelevant European Union”

    So neatly put, really I couldn’t do any better than that, well said Paul and a good blog post too, I might add.

  13. Phoenix44 permalink
    October 13, 2020 7:58 am

    On what basis are they increasing the target? There’s no new science, no new technologies, no new economics. So why change? It’s like they’ve got nothing else to do…

  14. October 15, 2020 11:08 am

    “The European Parliament voted on Tuesday (6 October) to update the EU’s climate target for 2030, backing a 60% reduction in greenhouse gas emissions by the end of the decade, up from 40% currently.”

    That’s nice.
    And what will that achieve?
    Will it reduce the rate of rise in atmospheric CO2 concentration?

    https://tambonthongchai.com/2020/09/23/emission-reduction-atmospheric-co2/

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