Saturday’s Guardian led on a story under the headline “Britain seeks loophole in EU green energy targets”. Apparently the Business Minister, Lady Vedera proposes that renewable energy targets should include projects outside the EU. In other words, we should count as part of EU emission targets projects that we sponsor (or sell) to places outside the EU. It is an astonishing concept because if you do have a target for a country or a group of countries to reduce their emissions it seems risible to count countries not part of that group.
Clearly if the EU were persuaded by Lady Vedera it is easy to see what would happen. We would build wind farms and similar renewable energy devices in places outside the EU, where land is inexpensive and planning controls non existent. We would not have any incentive to create renewable energy within the EU. (more…)
Filed under: carbon emissions, carbon trading, climate change, energy, global warming, John Hutton, renewables, wind turbines | Tagged: ETS. emission trading, EU, flaws in emissions trading, Guardian, Lady Vedera, nuclear waste, Sarkozy nuclear salesman | 4 Comments »

