Net Zero Policies Will Turn Europe Into a “Trivial and Incapable” Backwater
BY CHRIS MORRISON 24 JULY 2022 7:00 AM
The Follies of ‘Net Zero’ Carbon Risk Consigning Millions to Energy Poverty
The social and economic destructive power of the political Net Zero agenda across the European Union, and by extension the U.K., is laid bare in a damning new report from the Global Warming Policy Foundation. In a long and detailed presentation, energy writer John Constable warns that the European Green Deal seems all but certain to break Europe’s economic and socio-political power – “rendering it a trivial and incapable backwater, reliant on – and subservient to – superior powers”.
It is easy to read into the report that “superior powers” include countries that supply Europe with vital oil and gas and make the industrial goods required to enjoy current lifestyles. If they wish, European consumers and politicians can continue to indulge in monumental green virtue signalling, print money until kingdom come and even consider resurrecting old economic and social disasters like pointless Covid restrictions. The TalkTV host Julia Hartley-Brewer often notes that Net Zero is “borderline insanity”. The use of the word “borderline” seems superfluous.
The collapse in competitive manufacturing capacity is nowhere more evident than in the renewable sector itself, says Constable.
It is clear that renewable energy equipment manufacturing has no future in the EU, and indeed manufacturing of any kind exposed to international competition will struggle to survive, except in niche areas.
https://dailysceptic.org/2022/07/24/net-zero-policies-will-turn-europe-into-a-trivial-and-incapable-backwater/?mc_cid=edb4ec0a81&mc_eid=4961da7cb1
