Via Benny Peiser at the GWPF
The European Union is being outpaced by the rest of the world on business conditions, a trend that hampers the economic recovery and limits future growth, according to a study from employers’ federation BusinessEurope. “In the race to attract global investment, we more than halved our share.” Overall on energy, “we have much higher political costs in Europe,” Beyrer said, citing renewable-energy policies that cause “market distortion” and environmental efforts that are out of sync with global standards. If the rest of the world doesn’t sign on to the EU’s ambitions for reducing emissions targets, he said it may be time for Europe to “discuss our level of ambition” to avoid economic damage. –Rebecca Christie, Bloomberg, 16 March 2015





















