"Today is an incredibly important day for Europe and for the fight against climate change. European Heads of State and Government have taken up the Commission's suggestion to commit at least 20% of the entire EU budget from 2014-2020 to climate-related spending.
This is a major step forward for our efforts to handle the climate crisis. Rather than being parked in a corner of the EU budget, climate action will now be integrated into all main spending areas – cohesion, innovation, infrastructure, agriculture etc. And it underscores yet again the European leadership in the fight against this crucial challenge. If all other major economies were to make similar commitments, it would have a very significant impact.
It is now up to all involved parties – including the European Parliament – to ensure that the overall ambition is duly reflected with clear targets and transparent measuring methods in all the relevant policies and programmes, not least the Common Agricultural Policy.
But the steer from Europe's political leaders is unequivocal: they want to remain in front in the transition to a low carbon economy. And they are fully committed to align our common spending with this political priority. This is good news from Europe!"
But the steer from Europe's political leaders is unequivocal: they want to remain in front in the transition to a low carbon economy. And they are fully committed to align our common spending with this political priority. This is good news from Europe!"
This is of course an incredibly sad day for sanity in Europe. At a time when Europe is in the middle of a recession and millions of people are out of work (in 12 of our 27 member states youth unemployment is higher than 25 percent) the leaders of Europe agree to "commit at least 20% of the entire EU budget" on fighting imaginary human caused global warming.
Even if most of the climate change money in reality is hype, it's still sheer madness.
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