The European Council, the bureaucratic agency that runs the European Union, in one day agreed to sweeping changes. These changes will be implemented by 2030. No one knows how it can be done, but we are assured that it will be done.
There was no discussion of exactly what sanctions will be placed on nations that do not meet the targets. It promised unnamed subsidies to unnamed nations that do not give up coal and oil to meet the targets.
Greenhouse gas emissions will be cut by 40%. How? They did not say. They are politicians. They simply announce what will be achieved by scientists.
All of them will be forgotten in 2030. None will still be in office.
The meeting at which this was announced was attended by hardly anyone. Reporters did not show up.
They also agreed to boost the use of renewable energy by 27%. Not 26%. Not 29%. Exactly 27%. This will be done. They have so decreed. Energy efficiency will rise by 27%. This is science. It is precise. It was hammered out in one day by politicians.
China did not attend. The USA did not attend. So, Europe will soon find that it faces competition from the two nations with the largest coal supplies — the two largest economies on earth. Europe’s politicians have placed businesses in Europe in a straightjacket in the area of energy. These firms will now get to compete with businesses in China and the USA. They will be successful. The politicians have so decreed.