Organisation: EU
The worst form of government
An anti-democratic mini-meme developed amongst some of my liberal friends in the build-up to the EU referendum. For some people, democracy is a virtue and governance structures that provide more direct democratic accountability are…
Corpulent Antisocial Irresponsibility
The latest Economic Affairs (the quarterly journal of the Institute of Economic Affairs) arrived today. Its leading topic - Corporate Social Responsibility (CSR) - reminded me that I never published the short talk I gave at an EU…
Consultation on the IMS&ER of the EUEEUP&ELF Directives
I have just received the following invitation from AEA Technologies (energy bureaucrats who have separated but not divorced from the greater bureaucracy, and who are "managing" this aspect of the "Market Transformation Programme" for DEFRA…
Dollar or Euro votes?
Noticed this poster at a tube station today: My immediate thought was: none of your bloody business. (After a moment's additional thought, perhaps I should moderate that to: none of your bloody business between the two on the right, and…
More political funding from Gordon's Investment Bank
£150m (almost half the total cost of the scheme) for the M80 PFI scheme in Scotland £500m as a starter for the M25 widening, with possibly more to come. It is not clear how these projects meet the EIB's objectives, but very clear how they…
Gordon's Investment Bank
The European Investment Bank (EIB) "has 6 priority objectives for its lending activity": Cohesion and Convergence Support for small and medium-sized enterprises (SMEs) Environmental sustainability Implementation of the Innovation 201…
"Falling emissions in declining economy" shock!
Preliminary data released today (as reported in EurActiv, and picked up by OpenEurope) indicates that emissions from the sectors covered by the EU-ETS fell 6% in 2008. Naturally, the pro-EU-ETS brigade have hailed this as evidence that the…
EU economics: boost the economy by using today's money to pay for white elephants in five years' time
Attention focused on the renewables component of Obama's stimulus plan today. But the Americans aren't the only ones using the credit crunch as an excuse to plough vast sums of public money into their pet projects. The European Commission…
Scottish pots and Swiss kettles
Gordon Brown wants us to make a mental connection in some way between our financial troubles and the competitive tax regimes in countries like Switzerland. I have just come back from Switzerland, where we are looking at investing. The…
UFOs, apocalyptic visions, and the EU Emissions Trading Scheme
Prices in the EU Emissions Trading Scheme (EU-ETS) have hit new lows in Phase 2 (just over €10/tCO2). The mechanism became worthless in Phase 1. It looks likely to do the same in Phase 2 (as some of us predicted). It is not providing…
Western standards of trade and investment
In this week's Spectator (3 Jan), Robert Salisbury, reviewing Michael Stuermer's book "Putin and the rise of Russia" says "We have an interest in a stable and peaceful Russia and, even if we cannot hope to impose our own ideas of government…
Cap-and-trade - a steaming dish of tripe and baloney
I've been beating a fairly solitary path on this for a while, and in the process making myself unpopular with the major players in the electricity industry (which provides another clue to the huge rent-seeking potential of cap-and-trade…
In vino veritas
Changes to EU rules may put many British winemakers out of business, The Observer reported yesterday. Britain being an inhospitable country in which to ripen grapes to their full sugary concentration, British winemakers often add sucrose or…
The man who invented the Euro
I am much obliged to Paul Nollen, with whom I have been having a discussion about the Basic Income concept, for pointing me at Bernard Lietaer. Here is how Professor Lietaer's Wikipedia entry begins: Here is what Professor Lietaer has to…
Government - burning our energy as well as our money
The Government thinks that we should be using energy more efficiently. They are right. So guess which sector increased its consumption of electricity the most in Europe between 1999 and 2004. Industry? Households? No, it was the "tertiary…
Howard Davies, Europe, Brown and the politicization of our institutions
Howard Davies is reported in Le Figaro as saying: "On Europe, we do not yet know if Sarkozy is a friend or an enemy.... Selling the Brussels result will be arduous for Brown… It is crucial for him that Sarkozy continues to defend the idea …
The EU Reform Treaty - a big step towards the exit?
Those who think that Britain's interests are best served by going along with this latest extension of EU powers (and even Tony Blair admitted that this is an extension of those powers) need to consider this: Each time that we hand powers to…
Energy liberalization and the EU reform treaty
One of the things that made me laugh in the BBC's typically-rigorous reporting (I think in last night's Newsnight) of the proposed EU reform treaty was the claim that the extension of Qualified Majority Voting would bring benefits such as…
Campaign for a referendum?
I don't like referenda. But it is perfectly obvious that the majority in the country does not believe that the "Reform Treaty" is not the Constitutional Treaty dressed up, and that they want a referendum on the subject as promised. And yet…
Sarkozy, The Constitution and Free Markets
Some people claim that Nicolas Sarkozy is France's Margaret Thatcher. Yeah, right. To quote from the BBC report: "A reference to 'free and undistorted competition' was pulled from the draft [Treaty that isn't the Constitutional Treaty…
Bush is right
Shock tactics to get your attention. I know it sounds unlikely. But really, he is. He is calling for a "new framework" to replace the Kyoto Treaty (which comes to an end in 2012). David Miliband helpfully clarified on Radio 4's -The World…
International disinterestedness
What do the following have in common? The top 16 in the Eurovision Song Contest consist of 14 former communist-block countries, plus Greece and Turkey. As usual, regional block-voting dominated the outcome. Zimbabwe was elected to head the…
Don't mention the law
Yesterday the EU set a dangerous precedent. Condoning or “grossly trivialising” genocide will become a crime punishable by up to three years in prison across Europe. Now condoning genocide is a ridiculous and sick thing to do, I think most…
Global warming balance
Last night's Dispatches report on the Great Global Warming Swindle brought some welcome balance to the climate-change debate. Not because the programme itself was balanced - it was completely one-sided in favour of the sceptics - but…
Trading favours
David Miliband has prepared (with the help of Alistair Darling and some big businesses) a manifesto for the development of the EU Emissions Trading Scheme (EU-ETS) after 2012 (Phase 3). He has circulated it to trade associations and big…
ETS
It has emerged from a leaked proposal that the EU Commission is admitting its Emissions Trading Scheme (ETS) would only delay aviation emissions three to six months by 2050. ETS would only reduce the growth of airtravel by less than…
9 to 5 only....
The BBC reports that the EU employment ministers are meeting this week to discuss the EU working hours law. As a EU rule, the current proposals are complicated - set normal hours, overall maximum hours and the option of opting out. If the…
Capping regulation, not prices
The EU has confirmed that it will stick to it pledge to cap roaming prices after a survey found that 70% of Europeans want the EU to act to cut the cost of phone calls abroad. European Union Information Society Commissioner Viviane Reding…
Power cutting EU regulation
The major power cut that affected millions of people in Europe - in Germany, France, Italy, Austria, Belgium and Spain - has caused many high profile politicians to call for a new European power authority. For example, Romano Prodi said…
The long malign arm of the Environment Agency
As reported by the Telegraph, but strangely not available on their website, the charity Inter Care has been forced to shut down its operations by the Environment Agency (EA). Inter Care sends unused drugs from the UK to African hospitals…
Age and reason
Age discrimination is self-defeating. Companies that employ less suitable people simply on the basis of their age will do worse than companies that employ the most suitable candidates regardless of age. But that is not the same thing as…