Fossil of the Day: December 10
1st Place: GERMANYClimate alarmists use the same strategy as Enron: Hide the data, repeat the mantra, act arrogantly, and include opposing constituencies in the profits
Germany takes first place (specifically Chancellor Merkel) for "catastrophic deterioration" in its position on the EU climate and energy package.
Privately, officials indicate that Germany is now advocating for a formula-based approach that would result in 100% free allocations in the emissions trading scheme for ALL energy-intensive industries. Germany is also apparently now dropping its demand for approximately 100% auctioning of permits in the power sector, and instead advocating a much weaker approach which would allow for some free allocations for new power plants.
[4.5 minute video at above link] Dr. Jay Lehr gave this talk at this year's International Conference on Climate Change.
No comments:
Post a Comment