Since 1990, the European Union has pursued a rapid decarbonisation strategy, at first based largely on emissions trading but increasingly reliant on thermodynamically incompetent renewable energy. The results have been to increase energy costs, suppress energy demand, and prevent recovery after exogenous shocks such as the financial crisis of 2008 and the global pandemic of 2020.
Energy consumption, particularly electricity consumption, has been falling steadily in the EU since about 2005, and it is reasonable to infer that these societies are regressing towards thermodynamic equilibrium, with the effects temporarily buffered by fossil-fuel manufactured goods from Asia.
The European Union prides itself on being the global leader in attempts to mitigate climate change through policies aimed at reducing the emissions of greenhouse gases. The ambition to take on this role emerged during the later 1990s, coinciding, significantly, with the reunification of Germany. It rapidly became prominent and, by the early part of the new millennium, climate change mitigation had already achieved dominance in the economic policy of the EU and its
member states. This trend has continued, and today it is no exaggeration to say that climate mitigation exercises a controlling interest in every aspect of the EU’s strategy and tactics. The depth to which the abstract goal of emissions reduction and the particular methods, notably renewable energy, are entrenched can be gauged from the fact that four years after voting to leave the EU, and two years after actually leaving, the United Kingdom is still following…..
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