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For instance, as part of its plan to reduce CO2 by 40% from 1990 levels by 2030, the EU still plans to cap pollution under the Emissions Trading System (ETS) at about 12 billion tons from 2021 to 2030, tightening the total amount of emissions allowed each year.
Those limits had remained despite lobbying from coal-dependent members like Poland because there was just plain no room in Europe’s “Overton Window” to question the sacrosanct claim that failure to prevent global temperatures from rising by 1.5 C by 2050 would bring the ruination of Planet Earth.
That’s rank hogwash. The truth is, for upwards of 90% of the time during the last 600 million years of the Earth’s relentless “climate change”, the average temperature has been well above the current 15 C, sometimes by as much as 10 C higher.
And never did those higher temperatures lead to an inexorable doomsday cycle of heat retention that fried the planet.
https://www.zerohedge.com/markets/david-stockman-europes-economic-suicide