EU Readies Sweeping Climate Crisis (scam) Plan, And All Sleepy Joe Gets Is A Trade War

Dementia Joe, John Kerry, and other members of the administration have spent a lot of time yammering on the coming doom from ‘climate change’, and have spent a lot of time talking to European leaders. Kerry and others have take cross-Atlantic fossil fueled flights for those talks. And what is the EU doing?

EU Readies Sweeping Economic Plan to Combat Climate Change

The European Union is set to propose a sweeping program on Wednesday to transform the region’s economy to fight climate change, slashing its reliance on fossil fuels and potentially jolting global trade with import levies that would hit high-emitting countries.

The package, drafted by the European Commission, the EU’s executive arm, ranks among the most ambitious plans yet by a major economic power to reduce greenhouse gas emissions, requiring companies and households to adopt cleaner technologies such as wind turbines, solar power and electric vehicles. It would limit pollution across the European economy, including electricity generation, automobiles, housing, shipping and agriculture.

The plan also aims to project the bloc’s stance on slashing emissions abroad by imposing the world’s first tax on imports based on the greenhouse gases emitted to make them. The move is contentious as countries prepare to convene at a climate summit in November in Glasgow, Scotland, where the U.S. and Europe want to convince China and poorer countries to make ambitious new pledges to cut emissions.

If you have a Wall Street Journal subscription I’d read the rest of it, it goes firewall too quick too excerpt more. Reuters notes

The European Commission, which drafts EU policies, will set out in painstaking detail how the bloc’s 27 countries can meet their collective goal to net reduce greenhouse gas emissions by 55% from 1990 levels by 2030. read more

That is expected to mean raising the cost of emitting carbon for heating, transport and manufacturing, taxing high-carbon aviation and shipping fuels that have not been taxed before, and charging importers at the border for carbon they emitted to make products such as cement and steel abroad. (snip)

A diplomat from one EU country said the success of the package would rest on its ability to be “realistic” and socially fair, while not destabilising the economy.

“The aim is to put the economy on a new level, not to stop it,” the diplomat said.

It’s going to skyrocket the cost of everything, and going to make imports costs even higher than skyrocket. And destroy the economy.

Tighter emission limits for cars are expected to end new petrol and diesel car sales by 2035 or 2040 in the EU.

Hey, Europeans, y’all voted for these people, who were never meant to have this amount of power over the running of your lives and your countries. Is it any wonder the majority of Britons voted to leave the E.U., as their sovereignty was being taken away?

Biden wanted a climate alliance with Europe. He’s getting a fight.

A brewing carbon trade war with Europe threatens to scuttle President Joe Biden’s hopes for cross-Atlantic harmony in the fight against climate change.

The European Union’s leadership is set to unveil a proposal on Wednesday to tax imports from countries — including the U.S. — that lack aggressive carbon-reducing policies. That move has sparked fears that protectionism will derail hopes for a new era of international climate change cooperation ushered in by Biden’s presidency.

The Biden administration is wrestling with how to respond to the new tariff threats, even as it works with the EU to remove trade barriers that former President Donald Trump had slapped onto European goods like steel and aluminum. (snip)

The tariffs the EU is expected to propose on Wednesday will leave Biden with a grim set of options. The White House could take a page from Trump’s trade playbook and impose its own retaliatory tariffs, or it could seek to challenge the EU’s move by resurrecting the World Trade Organization’s hobbled dispute resolution body, an option sharply opposed by U.S. climate policy advocates.

“Are we really going to let an unelected international body dictate whether we act on climate and jobs? That would be insane,” said National Wildlife Federation CEO Collin O’Mara, who is close to the White House climate team and said he has discussed the trade topic “more in the past two weeks than in the last two years” on the Hill and with the administration.

What will Sleepy Joe do? Or, rather, what will his advisors tell him to do, because he has no clue.

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4 Responses to “EU Readies Sweeping Climate Crisis (scam) Plan, And All Sleepy Joe Gets Is A Trade War”

  1. Hairy says:

    Should Europeans go renewable or be dependent on Putins natural gas or on Germany dirty soft coal?
    Warren Buffet expects to make a profit selling solar generated electric to CA at the super low price if 3.8 cents per kwh
    Teach how much do you pay Duke per kwh
    Generation is usually about 1/3 the cost of electricity

  2. gunker says:

    “Hey, Europeans, y’all voted for these people”

    No we didn’t. This is from the commission who are not elected, but rather appointed. We get to vote for the EU Parliament, who are allowed to vote on commission diktats, but not table any themselves.

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