The European Commission crafted a new strategy to funnel money into climate change initiatives—The Clean Industrial Deal (CID). The European Union has watched as these net zero carbon goals slowly strangle their economies. Yet, those in charge believe they can achieve net zero by 2050 through perpetual spending. The Clean Industrial Deal will allegedly help “energy-insensitive” sectors remain competitive through a €100 billion spending package.
“We are going to rethink the logic of public procurement to include criteria of sustainability, resilience, and European preference,” European Commissioner for Industry, Stéphane Séjourné, noted. They believe there is benefits toward forcing the private sector to become dependent on public funds. Europe refuses to acknowledge that its policies have caused energy prices to skyrocket and seep into every single sector, causing overall inflation to rise across the continent. Instead of abandoning the sinking ship, Brussels is forcing the continent to set sail on a mission that is destined to fail.
EU Commission President Ursula admitted that current policies have caused energy costs to increase. Businesses and consumers have no desire to go green and there is net zero demand. Capital is hightailing it out of Europe as a result and these politicians still will not change course. “Production costs have increased, especially for energy-intensive industries. Demand for green products has dropped, and some investments have relocated to other regions,” she admitted.
One sentence that proves governments are becoming more authoritarian:
Brussels is prepared to force companies and consumers to comply by any means necessary. New regulatory commissions are forming to analyze European industries to ensure they are in adherence. Businesses will be audited for their energy consumption and forced to report their energy usage to unelected authorities who do not have their best interests in mind.
We cannot speak on climate change without noting the policy that sparked the movement—the Great Reset and Agenda 2030. Agenda 2030 was created by World Economic Forum’s Klaus Schwab to force a one world government upon the world. Hence, we are seeing an increase in policies that threaten the private sector to force everyone to become dependent on government.
Von der Leyen swears that “by 2030, the EU’s renewable energy targets will generate over 3.5 million new jobs.” One of the core pillars of Agenda 2030 is the push for net zero policies, which, as I have explained, are nothing more than government-imposed economic warfare on the private sector. Europe is dismantling its own industrial base. Germany, once the economic powerhouse of the EU, is in freefall because of insane energy policies that have made electricity prices uncompetitive. French Economy Minister Eric Lombard admitted that economic policies are causing GDP to decline.
The bureaucrats will not reverse course or admit that their poor policies are causing capital to flee. Expect to see more financial restrictions, wealth taxes, and digital currencies designed to trap capital. The collapse of confidence in government is what ultimately destroys economies, and Europe is on that path.
