The European Union is currently reassessing its climate strategy, specifically its Green Deal, in response to a variety of pressures including protests from radical protestors & agribusiness, supply chain disruptions, energy costs, and the global economic environment shaped by inflation and protectionism. This reconsideration comes amidst a backdrop of the EU's longstanding commitment to achieve net-zero emissions by 2050. Factors such as deindustrialization, El Nino warming, and the consequent reduction in European emissions in 2023 have been highlighted. Despite these reductions, global emissions and atmospheric CO2 levels reached new records in 2023. Furthermore, it's noted that Europeans are facing the highest electricity prices in the world. The situation is further complicated by the EU's need to balance its environmental goals with the demands of protestors and the agricultural sector, leading to a strategic pivot in its environmental policies.
Protests, pandemics, and prices push Europe into reforming its Green Deal. https://t.co/DtebQArsF0
Protests and Prices Push Europe Into Remaking Its Green Deal - Bloomberg The EU’s climate ambitions are to reach net zero by 2050 Supply chain, energy issues have changed the global backdrop
Protests and Prices Push Europe Into Remaking Its Green Deal The EU’s climate ambitions are to reach net zero by 2050 Supply chain, energy issues have changed the global backdrop #oott https://t.co/4j8JTbTPjS
The EU is having to rethink part of its ambitious net-zero plans in a world radically altered by inflation, energy costs and protectionism https://t.co/e7530dXmAJ
A few points: 1. Deindustrialization and El Nino warming reduced European emissions in 2023. 2. Regardless of cuts in Europe, global emissions and atmospheric CO2 hit new records in 2023. 3. Europeans pay the highest electricity prices in the world for no reason.… https://t.co/njJgoq0iRf
The EU is furiously backpedaling on its green commitments to mollify radical protestors & agribusiness. As always, the wobbly-kneed centrists thought it might win them a reprieve &, as always, the reactionaries just took it as a signal to double down. https://t.co/PxpHAplSMp