September 25, 2012
Continued debates about a reduction of the future EU budget jeopardise the potential of using EU funds for energy efficiency and renewables investments to provide necessary economic stimulus and climate mitigation.
How much money is needed to create 62 300 jobs and how much to save 523 megatonnes of CO2 emissions annually?
Yesterday’s General Affairs Council meeting certainly didn’t touch upon questions of such practical nature. Instead, the wrangling over the size of the future EU budget continued, with an ongoing deadlock between those suggesting to cut the European Commission’s proposal and those trying to prevent it.
Yet, the later concrete figures can be agreed upon, the less time remains to discuss how to use that money. In this way, the negotiation deadlock is particularly counter-productive, by stalling further deliberation of ways to use the EU’s Cohesion Policy in more ambitious ways and more effectively than what we have seen in the past. […]