My name is Fred and I am a gay conservative living in Ottawa. This blog supports limited government, the right of the State of Israel to live in peace and security, and tries to expose the threat to us all from cultural relativism, post-modernism, and radical Islam. I am also the founder of the Free Thinking Film Society in Ottawa (

Wednesday, November 12, 2008

Will Europe commit economic suicide???

I bet they back off climate targets....
Central Europe's top power producer, Czech-based CEZ, is pinning hopes on the financial crisis to thwart the approval of the EU's green package, saying it would hit hard at the region's coal-dependent industry.

The EU's climate-energy package seeks to raise the share of renewable sources in power production by 2020, boost energy savings and tighten the rules for trading in CO2 emission permits in a bid to cut greenhouse gas emissions.

Martin Roman, CEZ chairman and chief executive, said in an interview with AFP that a "yes" vote on the package from EU members in the region would be "economic suicide."

Roman attacked above all the plan to make companies pay the full price for their CO2 emissions from 2013 as a move that might have a devastating effect on central European industry, affected by the financial turmoil.

"The EU is shooting around without knowing where the enemy is," Roman said, adding the EU should take its time and commission an analysis of the situation before ordering companies to buy all carbon permits in auctions.


Anonymous Anonymous said...

Nope. It was all bullshit right from the start, Euroweenies had no intention of ever implementing these 'green' measures.

2:51 AM  
Anonymous Frances said...

Actually, the Euroweenies are all in favour of it - lots more bureaucratic interference and money for their own agrandizement. It's the ordinary citizens who will see through the scam, particularly when their heating costs go sky-high. Even before all this nonsense, institutions in eastern Slovakia had 'no heat' times or days to cope with increased costs.

10:51 AM  

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