Today's brand of the left-leaning politician is all about substituting what sounds good for what actually works. Modern politics, whether in the U.S. or Europe, is about taking a chainsaw to everything that produced even a modicum of success to appease the deities espousing progressive orthodoxy. There is no better example of this than fossil fuels, energy sources that have lifted us out of destitution and darkness and given us incredible wealth the world had never witnessed. What is the left interested in doing? Confiscation, cronyism, centralization, and coercion to combat climate change. The European Union will achieve these objectives through the boondoggle-in the-making Green Deal.
What is the Green Deal?
The European counterpart is a bit more realistic than the American version, aiming for net-zero emissions within 30 years rather than in a decade. But that is probably the best thing you can say about this proposal, which was approved by the European Parliament - some policymakers had requested even greater ambitions to be inserted inside the climate change scheme. Overall, the Green Deal is bad economics that will affect the already dreary conditions of Europe and exacerbate the slowdown.
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