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New Unilateral CO2 Targets Would ‘Destroy European Industry’ Poland Warns

Poland To Veto EU’s 40% CO2 Reduction Proposal


By Guest Column Dr. Benny Peiser——--October 17, 2014

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If the EU summit next week maintains the European Commission’s proposal on reducing carbon dioxide emissions by 40 percent by 2030, Poland will have to veto it, Deputy Prime Minister and Economy Minister Janusz Piechociński told Polish Radio on Thursday. “If this initial proposal will look as it does now, then Poland will have no choice but to veto it,” Piechociński said. “For the Polish economy minister and the majority of EU economy ministers the 40-percent option, which destroys half of Europe’s industry, is unacceptable,” he added. --Warsaw Business Journal, 16 October 2014

Poland’s Economy Minister and Deputy PM Janusz Piechocinski has said that the EU’s proposal on CO2 emissions reduction would “destroy European industry”. “Europe shouldn’t be naïve, and it shouldn’t decide on anything which would be harmful for European industry,” Piechocinski told Polish Radio, Thursday morning. --Polish Radio, 16 October 2014 Poland’s largest opposition party Law and Justice (PiS) says it would support a veto by Prime Minister Kopacz on climate change in Brussels next week if the move harmed the Polish economy. Law and Justice’s unusual solidarity with the government comes after Poland’s deputy prime minister and economy minister Janusz Piechociński confirmed on Thursday that if there is no movement on the EC’s proposal at the summit then “Poland will have no choice but to veto it”. --Radio Poland, 17 October 2014 A week before the start of a Brussels summit on climate goals, member states disagree on various points of the so-called climate and energy policy framework for 2030. In the comments on the draft conclusions member states wrote this week – of which EUobserver has seen 22 – the disagreement appears largest on targets for energy efficiency and on which share of energy consumed in the EU should be from a renewable source in 2030. --Peter Teffer, EUobserver, 17 October 2014 Owen Paterson’s GWPF speech is worth noting by the capital markets as it indicates that the current political consensus on energy policy maybe be challenged going forward. In our view the public and political debate is only likely to grow as the inherent contradictions and unforeseen negative consequences of the current policy become more apparent as time goes on. We have long argued that current EU/UK energy policy is deeply flawed and that utility companies and public market investors should be wary of committing further capital to support and deliver it. Advice which has been increasingly accepted in recent times. After all, an energy policy that has the Hinkley Point C contract and off-shore wind as its two flagship achievements must eventually collapse under the weight of its own idiocy. --Peter Atherton, Liberum, 16 October 2014 HURRAH! At last a senior politician has finally plucked up the courage to tell the truth about the Government’s climate change policies – they are ruinously expensive, they won’t keep the lights on and they are deliberately designed to punish the poor and further enrich the wealthy. What we need is an urgent and radical re-think of our energy needs. The useless Climate Change Act and its entirely arbitrary and damaging targets should be scrapped. The punishment of the poor and subsides for the rich should stop. --Bill Carmichael, Yorkshire Post, 17 October 2014

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Guest Column——

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