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You Can't Thwart Economic Principles

Benny Peiser confirms today in Wall Street Journal Europe what I wrote last week about economic reality overcoming climate change alarmism, especially with regard to how the EU now sees Kyoto.

Benny Peiser confirms today in Wall Street Journal Europe what I wrote last week about economic reality overcoming climate change alarmism, especially with regard to how the EU now sees Kyoto:

Nowhere has the fundamental change of the political landscape been more pronounced and less expected than in Germany. For more than 20 years, Europe's economic powerhouse has been the major bastion of green politics.

In the 1990s, Angela Merkel steered and implemented Europe's Kyoto policy as Germany's first environment minister. Now serving as chancellor, she was hailed as Europe's climate savior after playing host to last year's G-8 summit in Heiligendamm. Only 18 months later, however, she no longer wears a halo. As a result of a concerted campaign by Germany's heavy industry, as well as growing opposition from within her Christian Democratic party, Mrs. Merkel has been forced to abandon her green principles and image.

The deepening economic crisis seems to transform the mood of the German public. Next year's general election looms large, and voters right now are worried about the economy and jobs, and not green issues. In early December, more than 10,000 angry metal workers and trade unionists -- most of them from Germany -- protested outside the European Parliament in Brussels against the EU's climate policy, which they fear will increase unemployment.

Of course, Benny's fine work helped inform my piece in the first place!

topics:
Economics, Global Warming

View all comments (9) | Leave a comment

obarurnq| 12.16.08 @ 11:12AM

Wow, is this great news! ... What I wonder is whether the political class in the USA will be as willing to listen as Mrs. Merkel (before too much damage is done). I fear not.

danny| 12.16.08 @ 1:14PM

amazing how the greenies turn red when smacked in the face by reality. bet it happens here too. fear not.

biniki| 8.28.09 @ 10:48PM

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pigment Red| 4.6.10 @ 1:05AM

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Although Obama has run his campaign Organic Pigmentsalmost completely as a to the administration of one George Ink Pigments the parallels between their campaigns are apparent.

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