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November 21, 2006

Europeans Buying Into Global Warming — With Other People's Cash

Posted by Dave Blount at November 21, 2006 8:46 AM

Europeans seem to be swallowing global warming hysteria hook, line, and sinker. Yet there are limits to how far they will go to rescue the planet from the threat of warmer weather.

A poll for the Financial Times found that 86% of the population in Britain, Germany, France, Italy, and Spain believe that humans are contributing to climate change; 45% even believe that this will pose a threat to them and their families.

If all they have to do is give up some freedom, there's no problem: 68% would support restrictions on their behavior and purchases to reduce the alleged threat. But using economically efficient alternative energy is a different matter. Only 12% strongly favored investment in new nuclear capacity, whereas 29% were strongly opposed to building new nuclear facilities.

The answer, according to Europeans, is renewables: 85% want their governments to spend more on renewable energy. But apparently citizens expect governments to spend someone else's money, not their own, because less that a quarter would give up as much as one week's wages.

On a tip from Beef Brisket.