Posted on 01/14/2020 11:19:42 AM PST by Oldeconomybuyer
STRASBOURG, France - The EU budget chief said the bloc needs to invest dedicated funds to avert a “climate crash” as Brussels detailed how it planned to pay for a trillion euro push to cut net C02 emissions to zero by 2050 and protect member countries dependent on coal.
“We need climate cash in order to avoid a climate crash,” European Budget Commissioner Johannes Hahn told Reuters on Tuesday.
Of the 1 trillion euros of the EU’s 10-year investment plan, roughly half is to come from the EU long-term budget, the Commission said. This will trigger more than 100 billion in co-financing from governments.
It was unveiling details of its Sustainable Europe Investment Plan using public and private money for its flagship project: the European Green Deal.
The Fund is to “benefit territories with high employment in coal, lignite, oil shale and peat production, as well as territories with carbon-intensive industries which will be either discontinued or severely impacted by the transition”, the Commission proposal said.
The money will go to areas producing the most CO2 industrial emissions, where job losses and the need for teaching new skills and will take into account the overall wealth of the country so that a region in need of transition in the EU’s poorest Romania would get more money than a comparable region in Germany.
(Excerpt) Read more at reuters.com ...
I am astounded that supposedly educated people buy this crap.
This climate change thing has got to be the biggest chicken little scam in human history.
It IS history. Humans have been sacrificing life and treasure for eons in the name of pleasing the weather gods.
The crash is in their green stock investments
Gee GB has already left the EU....great call
Give the money to me and I can get the same results spending it on me and my family.
I’ve spent quite a bit of time in Europe and my brother worked there for years. Europeans do more planning and less doing than anyone we’ve ever seen.
Give me $1B and I can solve the problem just as good as the next guy:-)
“I am astounded that supposedly educated people buy this crap.”
Education and mental illness are not mutually exclusive.
I can’t keep up. Is it global warming; climate change; climate disaster; climate crisis?
How can they afford it?
(I wrote this in November, 2014!)
With the alleged fall of communism (actually, they just swapped their uniforms for blue suits, tucked their pistols into their waistbands and changed their names — and darned if one didn’t move into the White House!), the Globull Elite needed a new BOOGEYMAN with which to frighten and control the dumb masses (say it fast for maximum effect) in order to herd the dumb masses into their utopian One World corral: THE ECOLOGY and MAN CAUSED GLOBULL WARMING GOT THE NOD!
Oh yeah, I forgot the cool part about picking the pockets of the wealthier nations to enrich some of these global elitists and their leading drum major, Algore, while bleeding the nasty old United States white. (PAGING ALGORE – PAGING ALGORE…log into your dozen bank accounts ASAP. They are WAAAYYYY over the FDIC insurance limit! Username reminder: FREAKING_PHONEY/Password reminder: Village_idiot)
The elitists’ ultimate goal in this man-caused GLOBULL WARMING HYSTERIA is to level the nasty old U.S. with the Turd World despotisms with which we are to be merged into their New World Odor (misspelling intentional) where TADA (trumpet fanfare here!), the GLOBULL ELITES will BE IN CHARGE.
And to reinforce the point, old Algore – ripping a page from the Joe Biden Foot in Mouth playbook or, in the alternative, displaying a level of brazenness reflective of the ignorance and apathy among the elitists’ soon to be serfs/slaves (that’d be the rest of us) — recently offered that Cap and Trade would be the final step in destroying any remaining American sovereignty and haul us once and for all into his longed for global governance.
TWO VIDEOS FOR YOUR ENJOYMENT (until Algore gets them pulled):
This one is about the 30,000 climate scientists who want to SUE GORE for FRAUD and runs about 5 minutes:
http://www.youtube.com/watch?v=FfHW7KR33IQ&feature=player_embedded
THIS video is the blockbuster film “The Great Global Warming Swindle” and runs 1 hour, 45 minutes (get comfortable, grab a stiff libation and prepare to become progressively more angry. Suggest you remove all throwable items from the area.)
http://video.google.com/googleplayer.swf?docid=288952680655100870&hl=en&fs=true
ALL TOGETHER NOW…
“If you’re happy and you know it CLANK YOUR CHAINS…”
Questions??
They can’t even afford to pay their share of NATO expenses.
Even the Clintoons could never have imagined to the scale of this con job even as they had set the prior record of stealing $40 Billion from Haiti.
Danny Ocean of the famous Ocean 11, 12 & 13 crime movies are now diminished to being schoolkids in comparison to these Climate Change/Global Warming crooks!
Hit a few casinos = a few millions; hit up the entire WORLD = Ka Ching, you hit the jackpot of Trillions for life!!
The euro-nitwits are outdoing themselves in stupidity. Hahahaha.
Confiscate all money above subsistence level from everyone on Earth and there is still no way to spend it that will affect the climate even a tiny bit. These people are certifiable morons.
Uh, have you talked to China? They don’t give a rat’s a$$ about your “climate crash”.
Until a hero comes along with MBGA hats for them, anyway.
I don’t know the exact figure, but would guess that Europe represents perhaps five percent of the Earth’s surface. And now they think they’ll save humanity by going carbon neutral by 2050.
That’s just precious.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.