>According to the Climate Change Advisory Council, just before the election, “the cost of failing to meet EU targets could exceed €8 billion for the period up to 2030”.
>Except this seems way too cheery. IFAC has now upped the cost to a possible €20 billion. Here’s what it says: “If Ireland fails to reduce its emissions, as it currently looks set to by a wide margin, it may have to transfer large amounts of money to neighbouring countries.” It then says that those previous estimates of what we will have to pay for these credits, bad as they are, “assume Ireland follows through on measures that it looks increasingly unlikely to implement. If these measures were not implemented then the State would be further from its climate objectives and would face much higher compliance costs, potentially as high as €20 billion.”
>The State is legally obliged by 2030 to have reduced Ireland’s carbon emissions by 51 per cent compared to 2018 levels.
The government could have done something about this but that might have been unpopular and they might have not been reelected and wouldn’t that be the real tragedy? 🙄
Who do these fines go to? I refuse to believe that most European countries are compliant and we aren’t.
Is there anything to be said for another data centre? Just don’t even think about putting a wind turbine within 17 miles of my house.
Bizarrely, cows farting may be the deciding factor in this – making up a whopping 50+% of methane emissions.
Someones going to win an (Ig)Nobel Prize by figuring out how to automatically light cow farts.
Wind energy has to be the viable solution to this, though I’m not a big fan.
Is the rest of the world adhering to these strict targets? Why does the US; China, India not have to?
Oh no!
Anyway
The one caveat here is that every other EU country is also facing similar fines. So I would be surprised fines are actually enforced EU wide, especially given the nature the WU economy at the moment
If Sinn Fein was the majority party it would be no different. Fianna Fáil , Fine Gael and Sinn Fein reflect most the electorate who do not want climate policies to impact them in any way.
Same people will moan in a few years about “how were they to know.”
Same exact thing happened during the Celtic tiger and people voted for more and more ludicrous manifestos
Oh have a day off Fintan, there’ll be plenty of time for misery come January.
Most of these aims and fine quotas were designated before the Russia invasion obviously, and that war set back the goals of most of this stuff by years.
And the overall mood has gone from we need to save our world, to we just need to find energy and fossil fuels from elsewhere asap.
And naturally the energy crisis and costs killed that green wave that started around 2018+
I reckon the average European still wants to and would like to save the planet as much as they did a few years ago, but now they realise how much it’s going to cost them in day to day life and costs to actually do anything towards that aim, so theyd rather let the next generation do it.
Are people this naive? Nobody is going to do fuck all lads. We won’t reach our targets, the goal posts will get moved some more, we’ll come up with some now stupid shit like carbon credits and we’ll all continue to walk dick in hand into the slow burn apocalypse.
I didn’t know what makes me more sick. The fact we’ve known about all is this for decades and decades and did nothing or the fact everyone still goes on and on about it now like it’s solvable at this point.
Those fines will never be paid.
Didn’t know this many Redditors were IT subscribers 🧐
So many people saying ”they’ll let us off”. Even if it’s half the predicted fine, it’s still 10 billion. Which is 10 billion not spent on eduction etc. And secondly, the climate isn’t going to let us off. That will cost even more.
I have no hope that any government that will be formed will think in this manner but surely if you’ve a potential 20 billion fine coming down the tracks you’ve a massive incentive to throw money at the problem to reduce/solve it before that happens. Put a few billion into public transport to make it more reliable and attractive for people’s use, increase grants for solar panels, electric cars, whatever incentive is needed that will benefit the country rather than having send 20 billion to other countries in 6 years.
Our strategy can’t be based on ‘f**k it, they won’t make us pay those fines anyway’
Who signed off on the deal which has put us on the hook for these payments?
19 comments
>According to the Climate Change Advisory Council, just before the election, “the cost of failing to meet EU targets could exceed €8 billion for the period up to 2030”.
>Except this seems way too cheery. IFAC has now upped the cost to a possible €20 billion. Here’s what it says: “If Ireland fails to reduce its emissions, as it currently looks set to by a wide margin, it may have to transfer large amounts of money to neighbouring countries.” It then says that those previous estimates of what we will have to pay for these credits, bad as they are, “assume Ireland follows through on measures that it looks increasingly unlikely to implement. If these measures were not implemented then the State would be further from its climate objectives and would face much higher compliance costs, potentially as high as €20 billion.”
>The State is legally obliged by 2030 to have reduced Ireland’s carbon emissions by 51 per cent compared to 2018 levels.
The government could have done something about this but that might have been unpopular and they might have not been reelected and wouldn’t that be the real tragedy? 🙄
Who do these fines go to? I refuse to believe that most European countries are compliant and we aren’t.
Is there anything to be said for another data centre? Just don’t even think about putting a wind turbine within 17 miles of my house.
Bizarrely, cows farting may be the deciding factor in this – making up a whopping 50+% of methane emissions.
Someones going to win an (Ig)Nobel Prize by figuring out how to automatically light cow farts.
Wind energy has to be the viable solution to this, though I’m not a big fan.
Is the rest of the world adhering to these strict targets? Why does the US; China, India not have to?
Oh no!
Anyway
The one caveat here is that every other EU country is also facing similar fines. So I would be surprised fines are actually enforced EU wide, especially given the nature the WU economy at the moment
Carbon credits are a big scam
The germans should know this also
[Link](https://www.dw.com/en/how-a-chinese-firm-ran-a-billion-euro-carbon-credit-scam/a-71010148)
If Sinn Fein was the majority party it would be no different. Fianna Fáil , Fine Gael and Sinn Fein reflect most the electorate who do not want climate policies to impact them in any way.
Same people will moan in a few years about “how were they to know.”
Same exact thing happened during the Celtic tiger and people voted for more and more ludicrous manifestos
Oh have a day off Fintan, there’ll be plenty of time for misery come January.
Most of these aims and fine quotas were designated before the Russia invasion obviously, and that war set back the goals of most of this stuff by years.
And the overall mood has gone from we need to save our world, to we just need to find energy and fossil fuels from elsewhere asap.
And naturally the energy crisis and costs killed that green wave that started around 2018+
I reckon the average European still wants to and would like to save the planet as much as they did a few years ago, but now they realise how much it’s going to cost them in day to day life and costs to actually do anything towards that aim, so theyd rather let the next generation do it.
Are people this naive? Nobody is going to do fuck all lads. We won’t reach our targets, the goal posts will get moved some more, we’ll come up with some now stupid shit like carbon credits and we’ll all continue to walk dick in hand into the slow burn apocalypse.
I didn’t know what makes me more sick. The fact we’ve known about all is this for decades and decades and did nothing or the fact everyone still goes on and on about it now like it’s solvable at this point.
Those fines will never be paid.
Didn’t know this many Redditors were IT subscribers 🧐
So many people saying ”they’ll let us off”. Even if it’s half the predicted fine, it’s still 10 billion. Which is 10 billion not spent on eduction etc. And secondly, the climate isn’t going to let us off. That will cost even more.
I have no hope that any government that will be formed will think in this manner but surely if you’ve a potential 20 billion fine coming down the tracks you’ve a massive incentive to throw money at the problem to reduce/solve it before that happens. Put a few billion into public transport to make it more reliable and attractive for people’s use, increase grants for solar panels, electric cars, whatever incentive is needed that will benefit the country rather than having send 20 billion to other countries in 6 years.
Our strategy can’t be based on ‘f**k it, they won’t make us pay those fines anyway’
Who signed off on the deal which has put us on the hook for these payments?
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