h/t GWPF NetZeroWatch

The Greens must be having apoplexy. In Glasgow last year everyone was signing climate agreements with no idea that by June they would be signing 15 year new deals for gas with the U.S., the Middle East and Africa. Germany is pouring $3b into floating LNG import platforms. The Germans are also suggesting that the G7 now allow funding for fossil fuel projects, presumably to allow new gas or even coal projects to solve the energy crisis. Meanwhile Boris Johnson is cutting net-zero targets and suggests maybe in the face of food shortages we should feed food to people instead of cars. Starving people to save the world was never going to sell well. Especially when the UK was getting 20% of the ethanol for the biofuel program from Ukraine.

The squeeze is everywhere. Hydrogen targets are being reconsidered or adjusted down, while still other commitments may become “voluntary”, and some start dates are being pushed back by a year. It was only March when Germany agreed to phase out the sale of new fossil fuel cars by 2035. Now in June, Germany has rejected the EU ban because suddenly there are niches where combustion engines are […]