€5.5 billion for sustainable growth in Spain – European Commission

European flag outside the Commission

European flag outside the Commission (Photo credit: Wikipedia)

This is an interesting read from the European Commission.  Check it out!

via €5.5 billion for sustainable growth in Spain – European Commission.

Whilst I am delighted to see the European Commission investing €5.5 billion in Spain,  I’m not convinced of the wisdom of targeting sustainable growth. This seems a bit like chasing the holy grail?

Surely, there are more strategic programs that would reduce dependency on imported energy or would generate additional jobs for young people?

It looks to me like environmental considerations are given priority over economic growth and strategic considerations? Also why is Spain given priority over other countries?

For example, what about a gas pipeline linking the East Mediterranean gas fields in Israel and Cyprus to the European mainland in Greece?

Thoughts?

REUTERS SUMMIT-EU climate chief says energy, climate deal next week ‘feasible’ | Reuters

English: Logo of the Committee on Climate Change

English: Logo of the Committee on Climate Change (Photo credit: Wikipedia)

This is an important article from Reuters. It’s worth a read. Check it out!

via REUTERS SUMMIT-EU climate chief says energy, climate deal next week ‘feasible’ | Reuters.

Once again, this article highlights that Europe does not have an effective energy strategy. Meanwhile, policy has been hijacked by green activists. But the UK has drawn the shortest straw, with thirty-five years of sky-high electricity prices ahead.

Thoughts?