Europe will introduce a surprise new plan today to combat global warming, committing Britain and the rest of the EU to the most ambitious targets in the world. The plan proposes a massive increase in the target for cutting greenhouse gas emissions in this decade.
The European Commission is determined to press ahead with the cuts despite the financial turmoil gripping the bloc, even though it would require Britain and other EU member states to impose far tougher financial penalties on their industries than are being considered by other large economies.

The plan, to cut emissions by 30 per cent on 1990 levels by 2020, would cost the EU an extra £33 billion a year by 2020, according to a draft of the Commission’s communication leaked to The Times.

The existing target of a 20 per cent cut is already due to cost £48 billion. The Commission will argue that the lower target has become much easier to meet because of the recession, which resulted in the EU’s emissions falling more than 10 per cent last year as thousands of factories closed or cut production. Emissions last year were already 14 per cent below 1990 levels.

Can you see what’s wrong with this story? Clearly the Environment Correspondent author couldn’t, nor his news editors. If they had they would have reported it in an entirely different way – not, as a largely sensible proposal to deal with a real and serious problem which might nonetheless likely to run into various local difficulties. But as one of the most scandalous outbreaks of hysteria, credulousness and stupidity in the entire history of the human race.

Here’s the problem: the global economy has gone tits up. We are doomed. And nowhere is more doomed than Europe whose Monopoly-money currency is going the way of the Zimbabwe dollar and the Reichsmark, and whose constituent economies are so overburdened by sclerotic regulation and so mired in corruption, waste and the kind of institutionalised socialism which might work just about when the going’s good but definitely not now sir no sirree.
And what, pray, is the European Union’s solution to this REAL problem which has already led to riots and death in one country and which could well lead to many more in the horror years to come? Why, to impose on its already hamstrung, over-regulated, over-taxed businesses yet further arbitrary CO2 emissions reductions targets, which will make not the blindest difference to the health of the planet, but which will most certainly slow down economic recovery and make life harder and more miserable for everybody.

In Britain, David Cameron is wedded to the same suicidal policy – on the one hand brandishing £6.5 billion cuts in government spending as though this were a sign of his maturity and his commitment to reducing Britain’s deficit, while on the other remaining committed to a “low carbon” economy set to destroy what’s left of our industry and cost the taxpayer at least £18 billion (yep – almost THREE times as much as the pathetic cuts announced so far by his pathetic chancellor) a year.

Around the world, in the greatest financial crisis we have faced since the 1930s, our leaders are behaving like imbeciles. And nowhere is this imbecility more painfully manifest than in their approach to the non-existent problem they now call Climate Change.

That’s why I keep banging on about Climate Change. It is, unfortunately, the Key to all Mythologies.
Original article... HERE

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