IBL Memo: Policy framework for climate and energy in the period from 2020 to 2030
Istituto Bruno Leoni, March 2014
Current obligations by the EU to decrease GHG emissions by 20% by 2020 are the most ambitious among industrialised nations. Because of these obligations EU citizens and businesses are experiencing an increasing fnancial burden, EU businesses are losing competitiveness vis-à-vis other industrial or industrialising nations, and a huge bureaucracy has been created that shall perforce have an interest to perpetuate itself.
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