News for hackers. Stuff that matters.

A comment on 15 EU states subsidise fossil-fuels more than renewables. Parent comment

Re:15 EU states subsidise fossil-fuels more than renewables by phicoh on Sunday February 06, 2022 @05:52AM (#30231317)
In the end, what matters is not so much the subsidies, but how countries will reach the 55% reduction of green house gasses in 2030.

Of course subsidies have an effect on that. But these effect varies from country to country and from sector to sector.

Of course, calling out countries now that they have high subsidies on fossil fuels will help kicking those countries later if they fail to meet the 2030 objectives.

[ Parent | on HN ]
Re:15 EU states subsidise fossil-fuels more than renewables by petre on Sunday February 06, 2022 @08:03AM (#30232134)
It's probably going to be a carrot and stick issue in the EU. States have to do X to get EU funds or else trigger an infridgement procedure, get fined and get cut off from EU funds. At least that's how it works now. They're also careful to steadily increase the price of gas or electricity with a few percent every year since nobody wants mobs breaking storefronts and setting things on fire. Coal will probably be the first to go if everything goes smoothly and Poland is in a lot of trouble if they don't build at least 3 or 4 nuclear reactors.
[ Parent | on HN ]