Germany Is Turning Against The EU's Green New Deal, Common Sense To The Forefront• https://www.zerohedge.com by Mike Shedlock
The Spectator asks Is Germany turning against the EU's Green Deal?
Last week it was President Macron who was rowing back on green measures. In a speech he asserted that Europe has, for now, gone far enough – if it introduces any more regulations without the rest of the world following suit then it will put investment at risk and harm the economy. This week, the European People's Party – a centre right grouping which includes the German Christian Democrats, the party of Commission President Ursula von der Leyen – seems to be joining in.
The party is reported to be considering withdrawing its support for the European Commission's Green Deal. That is the set of proposals which includes, for example, an EU-wide target for eliminating net carbon emissions by 2050. Whilst 11 EU countries have already set themselves legally-binding targets to reach net zero by 2050 (or 2045 in the case of Germany and Sweden), if the Green Deal were to go there would be no obligation on the other member states to follow suit.