European Union- Fossil Fuel And Nuclear Are 'Green'

The European Union (EU) parliament announced a decision that's causing the fraudulent climate change narrative to self-destruct. EU parliament backs labeling gas and nuclear investments as ‘green' and 'climate friendly'. The EU has been plunged into an energy crisis that's dividing EU nations and forcing a reevaluation on which energy sources are deemed renewable. ¹ Since gas and nuclear power can be 'green' and natural gas in investments are now deemed sustainable, the EU hopes this will trigger more funding of those sectors but this would slow down the EU's shift to greener energy sources. ² This decision is the first sign that European leaders may be pulling back from the green energy suicide cult that now typifies socialist progressive governments that are more interested in virtue signaling than allowing their own domestic economies to function. It places the European Union's heavy thumb on the scale of a global debate about how and how quickly major industrialized economies can move from their heavy reliance on fossil fuels, and it immediately proved controversial.

The fraudulent junk science narrative of 'climate change' has caused western nations, including the USA, to dismantle much of their fossil fuel infrastructure over the last 20 years

Critics said it would lock in and prolong Europe's reliance on fossil fuels, while the measure's proponents, including the European Commission, the EU executive arm that drafted it, said it was part of a pragmatic approach to the transition to renewable energy, especially as Europe seeks to wean itself off Russian fuel imports in the wake of the invasion of Ukraine. ³ The fraudulent junk science narrative of 'climate change' has caused western nations, including the USA, to dismantle much of their fossil fuel infrastructure over the last 20 years. With Russia's energy exports suddenly cut off due to economic sanctions, Western Europe is finding itself mired in an unprecedented energy crisis with potentially catastrophic consequences. ¹ Germany is one example: Electricity prices have more than doubled since 2000 when solar and wind started receiving massive subsidies and favorable regulations and their electricity prices are three to four times what one would pay in the US. Because of its low reliability solar and wind energy options require an alternative backup—one that's cheap, plentiful and reliable—to make it work, thus creating a more expensive and inefficient process. ⁴ A 2017 study found that the proportion of households in Germany spending more than 10 percent of their income on energy tripled from 7.5 percent in 1986 to 22 percent in 2013. Every year 600,000 households (2 million people) are getting their power switched off in Germany because they can't afford the skyrocketing electric bills. ⁵ This finding is consistent with other studies of the effects of climate policies on poverty, including a research project undertaken for the IPCC. ⁶ For three decades, climate campaigners have fought to make fossil fuels so expensive that people would be forced to abandon them. But now there is a 'mad scramble' across Europe to return to coal and gas after a 'drought in wind' occurred last summer. ⁷

---

Huge price rises are the inevitable result of forcing more energy out of an increasingly starved system

Worse, the world's biggest energy corporations have slashed capital investment in oil and gas by more than two-thirds and as a result, huge price rises are the inevitable result of forcing more energy out of an increasingly starved system. Even more worrying, says Bjorn Lomborg, is that despite all the trillions spent on renewables, the UN's International Energy Agency find fossil fuels will still provide two-thirds of global energy use by 2050, only a modest drop from 79% today. ⁷

References

1. "EU parliament declares fossil fuel to be 'green' energy as climate change narrative self-destructs," survivethenews.com, July 7, 2022
2. Joanne Nova, "Major loss for renewables industry: EU declares nuclear and gas are 'green' too," joannenova.com.au, July 7, 2022
3. Matina Stevis-Gridneff and Somini Sengupta," "Europe calls gas and nuclear energy green," nytimes.com, July 6, 2022
4. Alex Epstein, "Energy poverty kills," cornwallalliance.org, June 25, 2021
5. Stephen Moore, "Europe's lesson teaches us: don't go green," townhall.com, May 14, 2017
6. Keywan Riahi et al., "The shared socioeconomic pathways and their energy, land use, and greenhouse gas emissions implications: An overview," Global Environment Change, 42, 153, January 2017
7. "Mad scramble across Europe to return to coal and gas," principia- scientific.com, July 7, 2022