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EU Refuses to Resuscitate Its Dying Carbon Market
The American Interest ^
| April 16, 2013
| Walter Russell Mead
Posted on 04/25/2013 6:20:08 PM PDT by Rocky
The European Parliament just voted down a measure that would have attempted to revive its carbon market, likely dooming it to a slow and undignified death. This was a last-ditch effort to drive the EUs carbon price back to a level that would incentivize green reforms. And it failed.
The EU has been the global laboratory testing the green agenda to see how it works. Todays story means that the guinea pig died; the most important piece of green intervention in world history has become an expensive and embarrassing flop. Its hard to exaggerate the importance of this for environmentalists everywhere; if the EU cant make the green agenda work, its unlikely that anybody else will give it a try.
(Excerpt) Read more at blogs.the-american-interest.com ...
KEYWORDS: carboncredit; carbonmarket; coal; eucarbon; globalwarming; globalwarminghoax
posted on 04/25/2013 6:20:08 PM PDT
posted on 04/25/2013 6:22:15 PM PDT
by Army Air Corps
(Four Fried Chickens and a Coke)
Is there a way to sell short?
posted on 04/25/2013 6:24:33 PM PDT
by La Lydia
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posted on 04/25/2013 6:35:16 PM PDT
by DJ MacWoW
(My faith and politics cannot be separated)
Another tremendously costly, anti-human, green/socialist and political elitist experiment grinds to a halt. It will take years to tally up the true cost, that is if the Western world can survive the aftermath.
posted on 04/25/2013 6:40:23 PM PDT
("As it was before Noah, so shall it be again,")
The EU has been the global laboratory testing the green agenda to see how it works. Todays story means that the guinea pig died;
If it was good enough for Lenin, it's good enough for a guinea pig.
It will get stuffed, lathered with makeup and displayed in a glass coffin, inducing mindless money making scams to try to also come back to life.
posted on 04/25/2013 6:41:16 PM PDT
(Look for the Union label, then buy something else.)
If the carbon market can’t corrupt its way forward, it’s a bigger scam than I thought.
posted on 04/25/2013 7:14:39 PM PDT
(Thought Puzzle: Describe Islam without using the phrase "mental disorder" more than four times.)
The EU is importing 25% more coal from the U.S. now that Germany has been shutting down its green nuclear reactors.
The EU loves burning coal.
posted on 04/25/2013 7:15:42 PM PDT
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
The EU loves burning coal. LOL. Big turnaround, after they spent the last twenty years criticizing us for contributing to global warming.
posted on 04/25/2013 8:13:56 PM PDT
(Obama is pure evil.)
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