Even Europe Reversing Green Energy Blunder

It was only two weeks ago that Ursula von der Leyen, the head of the European Union, declared at the Global Renewables Summit in New York to boast about the EU’s green agenda: “The momentum in Europe is real…. with our Clean Industrial Deal we are helping industries innovate and adapt.”

She was flying way ahead of her skis.

Earlier this week, her mad Net Zero agenda suffered a major blow when the biggest political parties in the European Parliament agreed to roll back a slew of green mandates and regulations on businesses. Politico calls it an “emerging rightward rupture that is reshaping European policymaking.”

At the same time, the Trump administration is demanding the EU scrap requirements for non-EU companies to provide “climate transition plans.” He’s now likely to succeed.

Europe has paid dearly for its detour down the green energy economic cul de sac. Energy prices have soared in Germany, France, and Spain leading to a devastating deindustrialization.

The next step in the Eurozone’s economic rehabilitation- if it really comes to pass – is to dump Von der Leyen’s presidency and her lunatic goal of achieving a 90% reduction in carbon dioxide emissions by 2040.

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