Reality Check: EU Re-Assessing Its Costly Green Energy Strategy

EU heads of state and government will seek ways to limit the impact of energy costs on European competitiveness at a summit this month, a draft document seen by Reuters showed.

[2008:  CO2 causes this?]: Giant Ice Meteors Fall From Clear Skies | DiscoverMagazine.com

Climate experts have long warned that global warming could bring an increase in extreme weather, such as hurricanes and drought. They never mentioned 20-pound chunks of ice falling from the clear blue sky, tearing through roofs, shattering windshields, and gouging impact craters. Yet reports of such “clear-sky ice fall events” have been on the rise worldwide in recent years, and in February Spanish researchers offered further evidence that the increase could be due to climate change.

Treasury halves carbon tax forecast | Business Spectator

The Treasury Department has halved revenue forecasts for the sale of carbon permits, forcing Labor to dump or defer $1.4 billion worth of carbon scheme-related tax cuts that were supposed to be included in next week's federal budget, according to The Australian Financial Review.

The tax cuts had been scheduled to come into force in 2015 and were to be funded by the carbon tax, but a steep drop in Europe's carbon price has sent the federal government into a scramble as carbon tax revenue forecasts plummet.

Norway Oil Fund Splurge No Central Bank Handcuff, Johnsen Says - Bloomberg

Western Europe’s largest crude exporter will use 3.3 percent of its $740 billion oil fund to plug deficits this year, representing a 19 percent increase from 2012, the Finance Ministry said yesterday. That will deliver the biggest fiscal boost to Europe’s second-richest economy per capita in four years, it said.