Europe might lead in political rhetoric about climate targets but its achievements tell another story. You don’t make effective policy by formulating targets on the basis of nice alliterations (20-20-20 by 2020). What is much more important is to see what is happening on the ground. Have companies changed technologies as a result of the EU’s emissions trading scheme? Hardly. Most of them have made big windfall profits but where are the investments in clean technologies?
Thursday, February 14, 2008
The myth of Europe’s leadership in the fight against climate chaos
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