Food for thought!
I remember this is not the first time that the EU has come up with outrageous mandates and bureaucratic nightmares like a socialist central planner (e.g. the Precautionary Principle)!
When climate change lunatics rule!
"Most Americans have probably never heard of the European Union’s (EU) recently passed Corporate Sustainability Due Diligence Directive (CSDDD). According to the EU, the “aim” of the CSDDD “is to foster sustainable and responsible corporate behaviour in companies’ operations and across their global value chains. The new rules will ensure that companies in scope identify and address adverse human rights and environmental impacts of their actions inside and outside Europe.” ...
Under the CSDDD, all U.S. businesses, from multinational corporations to small family farms, would have to adhere to the EU’s environmental regulations that prioritize the mass adoption of expensive and unreliable so-called green energy while restricting the production of abundant, affordable, and reliable fossil fuel energy. ...
In essence, the CSDDD “is a transition plan for climate change mitigation aligned with the 2050 climate neutrality objective of the Paris Agreement as well as intermediate targets under the European Climate Law,” says the EU.
As evidence increasingly shows, the EU’s early adoption of an electric grid primarily fueled by intermittent wind and solar has not been a smooth process. For many years, European countries like Germany have struggled with chronic energy shortages.
A few months ago, the fragility of Europe’s green grid was put on full display when two solar facilities in southwest Spain experienced a sudden and severe drop in power output, which triggered a “complete collapse of the system,” ...
the EU’s CSDDD represents a non-tariff trade barrier that Trump is intent on eliminating as his team negotiates with EU officials. ..."
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