High energy costs, declining industrial competitiveness and a recognition that the economy is unlikely to rebound strongly any time soon are leading policy makers to begin easing up in their drive for more aggressive climate regulation. On Wednesday, the European Union proposed an end to binding national targets for renewable energy production after 2020. Instead, it substituted an overall European goal that is likely to be much harder to enforce. It also decided against proposing laws on environmental damage and safety during the extraction of shale gas by a controversial drilling process known as fracking. You can thank Al Gore for much of this mess. 16 years of no global warming, and yet they still hinder their own economies and job creation.
Posted on: Thu, 23 Jan 2014 08:23:12 +0000
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