Economy Screws Climate

Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.


800px-Screws_%28PSF%29.png

Economic turmoil on its latest grandest scale is already threatening Europe’s climate protection policies. Automakers today urged EU authorities today to reconsider proposed limits on CO2 emissions. Their argument: the current financial crisis makes it too hard to meet them, reports New Scientist.

Cynical-mini-me says why not make the car-makers adhere to tighter CO2 emissions and then give them a bail-out? You know, the tried and true method.

The European Commission is also proposing to auction CO2 emissions permits by 2013. But now Poland, Greece, Hungary, Slovakia, Romania, and Bulgaria are assembling a blocking minority to stall that climate package. They argue their power plants don’t have enough cash to compete with giants like Germany on the free-market auctions.

Well, no one’s got cash now. Maybe not even by 2013. Too bad we didn’t seriously tackle this environmental regime change when the global economy was fat and happy. The ranks of the whiners just got bigger and louder and harder to budge. All while the environmental meltdown that no one’s paying attention to until it gobbles us up is coming our way too.

Julia Whitty is Mother Jones’ environmental correspondent, lecturer, and 2008 winner of the Kiriyama Prize and the John Burroughs Medal Award.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2021 demands.

payment methods

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2021 demands.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate