10 years of Europe destroying its own economy, and nothing to show for it.
Oil Price (11/3/25) reports: "Ten years after the landmark Paris Agreement to pursue net-zero emissions by 2050, the world faces a slowing transition to clean energy despite record-breaking renewable capacity installations. Much has changed in the energy systems in the decade since the Paris Agreement was signed in 2015...Some things have remained constant. One is China’s undisputed leadership in clean energy investment and installations, and cheaper domestically-manufactured equipment...The other constant is the EU’s unwavering insistence on decarbonizing to achieve net-zero emissions across its economies by 2050, despite soaring costs and growing political resistance to intermediate targets and warnings from trade partners that the burdensome EU climate directives on emissions and carbon prices could undermine its energy supply...Ahead of COP30, the International Renewable Energy Agency (IRENA), the COP30 Brazilian Presidency, and the Global Renewables Alliance (GRA) said in an October report that the world is falling behind on its renewable energy and efficiency goals despite record progress last year."
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"If carbon tax proponents truly believe in their cause, they should make their case before Congress. But they won’t. Even the most left-wing members know that voting for a new carbon tax would be political suicide. So instead, they’re counting on sympathetic courts to do their dirty work. And they’re counting on the public not to notice before it’s too late."
– Larry Behrens,
Power The Future
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