Dive Summary:
- After the European Parliament voted to delay cap-and-trade reform last week, Europe's central climate plan is backsliding, the Washington Post claimed. Now, individual member states will have to step up to meet reduced-emissions goals.
- With Germany shuttering nuclear plants, and Spain and France investing heavily in renewables, coal-burning plants have ramped up power generation to fill a gap.
- Now, the U.S. is burning less coal than Europe, and has the opportunity to be the world leader in fighting climate change.
From the article:
“To lock in its progress, U.S. policymakers must learn from Europe’s dysfunction. That means putting a price on carbon emissions that is simple, predictable, aggressive and comprehensive, and then getting out of the way.”