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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 EU’s carbon price back to a level that would incentivize green reforms. And it failed.
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The EU has been the global laboratory testing the green agenda to see how it works. Today’s story means that the guinea pig died; the most important piece of green intervention in world history has become an expensive and embarrassing flop. It’s hard to exaggerate the importance of this for environmentalists everywhere; if the EU can’t make the green agenda work, it’s unlikely that anybody else will give it a try.
(Excerpt) Read more at blogs.the-american-interest.com ...
TOPICS: Science
KEYWORDS: carboncredit; carbonmarket; coal; eucarbon; globalwarming; globalwarminghoax
1
posted on
04/25/2013 6:20:08 PM PDT
by
Rocky
To: Ernest_at_the_Beach
2
posted on
04/25/2013 6:22:15 PM PDT
by
Army Air Corps
(Four Fried Chickens and a Coke)
To: Rocky
Is there a way to sell short?
To: Rocky
4
posted on
04/25/2013 6:24:33 PM PDT
by
La Lydia
April Is Keep FR Alive Month!
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5
posted on
04/25/2013 6:35:16 PM PDT
by
DJ MacWoW
(My faith and politics cannot be separated)
To: Rocky
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.
6
posted on
04/25/2013 6:40:23 PM PDT
by
fella
("As it was before Noah, so shall it be again,")
To: Rocky
The EU has been the global laboratory testing the green agenda to see how it works. Today’s story means that the guinea pig died; LOL!
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.
7
posted on
04/25/2013 6:41:16 PM PDT
by
publius911
(Look for the Union label, then buy something else.)
To: Rocky
If the carbon market can’t corrupt its way forward, it’s a bigger scam than I thought.
8
posted on
04/25/2013 7:14:39 PM PDT
by
Psycho_Bunny
(Thought Puzzle: Describe Islam without using the phrase "mental disorder" more than four times.)
To: Rocky
The EU is importing 25% more coal from the U.S. now that Germany has been shutting down its green nuclear reactors.
Who knew?!
The EU loves burning coal.
9
posted on
04/25/2013 7:15:42 PM PDT
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
The EU loves burning coal. LOL. Big turnaround, after they spent the last twenty years criticizing us for contributing to global warming.
10
posted on
04/25/2013 8:13:56 PM PDT
by
Rocky
(Obama is pure evil.)
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