I was quite confused by this distinctly European approach until I had dinner with a Chinese actuary working in the auto warranty insurance industry.
Europe asks China to voluntarily limit exports (mostly autos) to the European Union. Europe doesn’t want to get China angry with them about this issue. However, China is sending massive numbers of EVs into Europe. Europe is losing its auto business. I couldn’t figure out why the EU didn’t take an aggressive/confrontational position.
Then I was reminded. Europe cannot force Beijing through a trade action (tariffs, ban, EU limit etc.) because Beijing might stop selling them EV carbon credits. If the European automakers cannot purchase Chinese EV carbon credit certificates, the fines levied by Brussels against gasoline powered autos will destroy the EU auto business.
Think about this for a while, then read the EU media report:
EuroNews – Brussels is pressing Beijing to accept quotas on Chinese exports as negotiations enter their final stretch, with the EU threatening trade measures unless tangible progress is made by next month.
Brussels and Beijing are fighting over quotas that would limit Chinese imports to the EU market, as the Europeans seek to rebalance their trade relationship with China, Euronews has learned.
Both started intense negotiations last June over EU and Chinese access to each other’s markets, with an October deadline set by the European Commission to reach “tanglible” results. However, China is pushing hard against the EU’s attempts to protect its market.
According to one person familiar with the matter, the Commission, which is negotiating on behalf of the 27 EU countries on trade issues, wants China to accept quotas on specific products. However, it is unclear how China would accept and respect such quotas.
According to media reports, so-called “voluntary export restrictions” have been pushed by the Commission for electric vehicles. But Beijing’s trade minister rejected them in a statement earlier this month.
If China accepted such a system of restrictions, it would mean that it voluntarily limits its exports to the EU on the basis of a deal negotiated with the Commission, sparing the EU from adopting defensive trade measures that might be seen as an aggressive move by China.
Technical negotiations are in their final stretch as the October deadline is approaching. (read more)
It’s a remarkable mess, no?
Europe wants Beijing to voluntarily limit the number of EVs that come into Europe from China, in order to save their auto sector from complete collapse. However, Europe cannot force Beijing to limit the number of EVs that come into Europe from China, or Beijing might stop selling them carbon credit certificates that will result in fines to the EU automakers that will collapse the EU auto sector.
You would think that Europe would just get rid of the net-zero carbon regulations until they can stabilize their market and get back to a reasonable energy policy. Alas, that would mean reversing decades of climate change legislation. The preferred route is to ask Beijing to limit hurting them.
Again, think about this.
Madness.
The European leaders are NOT stupid. … The leaders ride around in armored limousines with a petroleum powered motor. … The >left wingers believing the >dictates of their leaders are the silly ones.
Impoverishment of the common people is always used as a method of control. The leaders want the ‘castles’ and the good life, while the common people live in ‘wattle & daub’ homes like barnyard pigs. … The ‘leaders’ will also start a War as misdirection or simple greed. The ‘leaders’ need cannon fodder and will rally the ‘common’ people for war.
Both Putin and Trump know the ‘leaders’ in Europe and also China are coveting the natural wealth of Russia. The European Leaders would like to divide up Russia just as they did Africa, and much of the world. … The Europeans also want America to fight the >wished for wars. … Pray for the continued safety of Donald J Trump and your own families.
Plan accordingly, and vote in the upcoming election [as though your life depends upon it] for the Make America Great Again candidates.
The thought occurred to me last night, We – peebles – are Leonardo DiCaprio in Titanic.
I’m more hopeful of our future. … We could be on the verge of a “New Golden Age” for many people. … We need to elect authentic Make America Great Again candidates.
Both, TheConservativeTreehouse and the linked PrometheanAction sites repeatedly exposes how the people in political and economic power [The Elites] use War, Disease, Famine, Political Ignorance, and general Thuggery to retain power and control people and nations. … Exposure through good information is the tool of our success; thank-you to TheConservativeTreehouse.
The Good Book in Revelations speaks of a ‘Golden Age’ that occurs before the arrival of Jesus Christ at the End of Time. … For many, there is a Happy Ending at the end of our struggles.
The US has government invented carbon credits also, that’s how Tesla makes it money, noy by selling cars. Carbon credits need to be voided in the US too but Trump won’t do it due to Musk.
Didn’t it start with Obama though? Musk is the biggest freeloader when it comes to Tesla. Needs to stop.
Don’t you know everything in “Trump’s” fault?
Every time Sundance posts the I told you so’s on the euroweenies I must post the Twit of the year competition from Monty python
This stuff is most likely considered taboo in the UK today
Enjoy
Europe is giving new meaning to the term half assed…..
Canada should pay attention.
Elbows Up Canadian IDIOT voters are to BRAINWASHED
to see the light .
A sad state of affairs.
Remember when the truckers revolted and their bank accounts were confiscated by the Canadian government?
I never did hear the conclusion to that, I wonder how the truckers got home, or if they got their trucks & money back.
But I do know fear is a powerful deterrent
Canada has a chance, small chance, by watching the destruction of England.
But the CBC certainly censors anything a bit “impolite.’
Carney and the 2nd string Team will stamp down on anyone there who objects.
Such a “stomping down” moment might blow up in their faces, like Lexington 1775
I.D.I.O.T.s
This is “Brazil” level wacky, or maybe the tower scene from Monty Python and the Holy Grail. You stay here, and make sure your cars don’t leave. Or maybe the idiot from Fight Club. Pick your favorite metaphor.
They’ve created a fiction that if they try and survive the stabbing they gave themselves, they must shoot themselves to make up for it.
There’s some slim chance that the non-lethal populist rising across Europe may put a stop to this before everything goes haywire, but well ahead of minutiae like “shall we have electricity, food, or heat this winter” they’ve put in robust failsafes against some sort of actual vote mattering. I might shrug and wait for them to sort it out but some of them have nukes.
The UK still has the winter fuel allowance. King Wenceslas is smiling.
But maybe that’s because his pizza turned out just how he likes it:
Deep pan, crisp and even. 😉
Oo. Wordman, will you let this pass?
🤣 He can be pretty crusty, or so I’ve heard. 😱
Yeah…..Crusty the clown….
Europe getting rid of net-zero carbon credits would require them to admit they were wrong. That’s not going to happen even if it means their auto sector goes belly up.
Why blame themselves when they can blame their own auto industry?
Can’t have the people in Brussels with a god complex looking bad, you know.
China Asks Europe to Voluntarily Limit Opium Imports
Yeah, they remember that. Haven’t forgotten about it. Not one bit.
Europe gonna get the same response they gave China. Maybe Europe is facing a century of humiliation?
I suspect Ursula and the cream of her green, mean EU ruling classes, will be catching the next flight to Bejing to make their request, on the backs of the flying pigs they believe are needed to replace all those bombers that Joni Mitchell turned into butterflies at Woodstock when the counter-culture insanity that spawned these delusional people was in its infancy!
And speaking of mass psychosis, I also suspect the ghost of Charles Mackay, the author of the 1841 classic, Extraordinary Popular Delusions and the Madness of Crowds, is clawing his way out of his grave, looking for a quill pen and ink to write an epilogue to his book titled, “It’s worse than I thought!”
Waay worse!
History and current events makes it abundantly clear that Europe will never be able to handle its own affairs.
Seems absolutely INSANE to me! Europe buying “carbon credits” from the biggest polluter on Earth! Wow! That is INSANITY!
“Europe asks China to voluntarily limit exports…to the European Union, (because) Europe doesn’t want to get China angry with them….China is sending massive numbers of EVs into Europe (and) Europe is losing its auto business (but)
Europe cannot force Beijing (to limit exports) because Bejing might stop selling them EV carbon credits (and) if the European automakers cannot purchase Chinese EV carbon credit certificates, the fines levied by Brussels against gasoline powered autos will destroy the EU auto business!” (my exclamation point)
So what Ursula, Merz, Macron and company are really doing is pointing guns at their own heads and telling Xi Jinping, “If you don’t limit exports to Europe we’ll pull the triggers!”
God forbid that they’d ask Brussels to stop destroying the European auto industry…that would make sense so I’m certain that course of action never crossed their muddled minds!
Sundance said best, this is “Madness!”
The German government (and others) could refuse to pay the nonsensical fines emanating from the Bureau of Imaginary Problems exit the EU, put up borders, fire up their nuclear and coal power plants and take care of their citizens. Or continue on the glide path to poverty.
On one decision branch there is wealth and happiness for the citizens of your country, the other there is poverty and death.
Just like sheriff Black Bart in Blazing Saddles.
I was thinking of Blazing Saddles when I wrote it!
European manufacturers were leaders in the World car manufacturing. They gave it all away for a dream. Climate Change, May, could, perhaps all the words in every Climate assessment and in 75 years our grand children will be living in caves and lighting fires by rubbing sticks together. All because.
Interesting, considering that many of the EU auto makers are actually owned by Chinese companies.
MG, Volvo and more
Sooner or later consanguinity destroys
Sooner or later communism destroys.
The EU war on climate change and net zero carbon emissions is summed up in one word. Totalitarianism.
Did Europe say pretty please with chocolate on top?
Canaduh leadership?
Same same. 👎
When I got to the part about “thinking about this for awhile and then read”, my head exploded.
EU Carbon Credits in Automotive: Pros & Cons – Logisoft
Isn’t china’s profit from their cheap EV’s through the sale of carbon credits?
Remarkable mess and madness? Yes.
Your words written here roll the sick and twisted mindset of leftist/liberal/socialists into an easy to read primer for those who cannot comprehend (or do not want to know) who leftists really are and what socialists are really doing.
Build Back Better after destroying it all first.
The EU leadership reminds me of the rows of zombies feeding quarters to the slot machines in Vegas. They’ll sit there for hours and hours every day, feeding quarters and hoping for the big payoff. And they’ll get little jackpots all along – just enough to keep them hooked. It’s the same psychology behind this “climate change” racket being led by China. The EU rubes are too arrogant to admit how they’re being played, even as they start to notice their own industries are crumbling to nothing. They see it, but they don’t fully understand what it means. They can’t tear themselves away from those positions of power within this multi-trillion-dollar racket. The little pay-offs are just too good.
Yep. Madness or cognitive dissonance, either way Europeans are (blank)-ed
Without a doubt…..time to cut bait with these wankers. They have nothing we need…..same with the Great White North…..
Meanwhile XiXi Ping is gifting the US two Giant Pandas, Ping Ping, and Fu Shang.
They are coming to the Zoo in Atlanta – my city.
I told my son and he said as a joke to his “conspiracy leaning” mom, “They may be spies.”
EU is in a lose lose situation. But easy fix stop playing fantasy games with “Carbon Credits” the stupidest thing ever.
It’s nearing sunset for the EU.
The largest producer of CO2 in the world sells the EU carbon credits!
Carbon credits, the dumbest idea since people bought the pet rock.
Perhaps Europe should negotiate with the EU. Brussels wins if China stops selling carbon credits. 😜
See that? The female brokering a deal?
She is doing in national governance what females in relationships often do: Hypergamy. Seeking the better source of either protection, status, or resources at the expense of those closer to her including her mates and kin.
That is an atavistic trait likely stemming from fear of defeat; there is little other weaponry or armor to protect them. “Maybe the monster will eat me last?”.
That is the end of Europe as we knew it, or at least the most recent variation. The EU was the beginning of that end; next come the marauding hordes.
I’m just waiting for the “rain” offsets and “sunshine” offsets to begin by these idiots.
A carbon offset sold to China, of all people, is I believe a true oxymoron.
A very progressive approach for sure.
Imagine you are so stupid that you are buying carbon credits, something that doesn’t exist. Being required to buy them you are destroying Europe. China laughs all the way to the bank. Wait they are giving us money for nothing then we flood Europe with cheap vehicles that is destroying an industry that we will buy for pennies on the dollar. Not follow any of the rules they set up and then sell the company back to them. for 20x the price.
Globalists are actually idiots!
But…..they have a lot of money and can do a lot of damage because they think they should be in power and they should run everything…….
Based on what I’ve seen from these complete idiots…..allowing them to do what they want…….will destroy the planet…..while they point to climate change as the guilty party!
And yet…….IT’S THEM!
Just repeal the total BS Carbon Credit SCAM! Quit this con job, EU! SAVE YOURSELVES!!! ONLY YOU CAN!!!!!
Send Jaguar to negotiate terms
Should have read “sell nothing”.
I believe jaguar sales seriously tanked after this ad was released.
The price of pretending grows quite expensive when it is done to satiate the ego.
The charade has to go on.
They just can’t come out and say “we want to completely destroy western culture and have totalitarian control of your lives”.
Victims of their own Green stupidity and bureaucracy. No sympathy.
Since the climate change carbon credit scheme is like the Emperor’s New Clothes story, couldn’tthe Europeans just print their own carbon credits? What does China actually give as a carbon credit. The entire thing is so ridiculous, but then again…
Never do the elite poiticians, particulary the unelected ones, ever admit their policies were wrong to begin with. They will not change course.
Possibly after the EU breaks up (which is a few more years away) will the people reject their policies, but, sadly they are so brain washed over decades of net-zero carbon regulations that I’m unsure they can change course either.
So, the carbon credit fiction is a classic man-bites-dog. For the ordinary European, who just wants to live their life, I have tremendous. Europe is still feudal, just in a modern sense.
They are so invested in the fiction they cannot extricate themselves without a complete uprising. That’s what they really fear. The lies they have raised four generations on will evaporate, and the price is the French Revolution, part deux.
I used to say these people are evil. That word no longer fits what they are. Malignant, Reprobate, Perverse, Pernicious.
Like barnyard pigs indeed
Rooting up the slop we’ve been thrown for decades
If countries are wheeling and dealing EVs with China… they should get them pennies on the dollar after checking China’s EV graveyards:
Abandoned EV graveyards in China are raising serious environmental concerns – Glass Almanac ~ 4/16/25 ~ https://glassalmanac.com/abandoned-ev-graveyards-in-china-are-raising-serious-environmental-concerns/
What the EU is actually telegraphing to CCP is ‘we need a 5-6 week respite for the US mid-term federal election to play out.
It’s a remarkable mess with a relatively easy solution….. Stop with the climate change bs.
WOULD YOU ONLY RAPE ME HALF AS DEEP? PLEASE ? P L E A S E? P R E T T Y P. L E A S E ???
THE WEST IS FINISHED.
It’s the money, stupid.. EU Brussel gets rich off of the carbon credit racket. Liberal NGOs got rich off the Green New Scam, my blue state is bankrupting us with a $15B education upgrade that, so far after 5 year, has seen all the metrics get substantially worse. Only a scant few talk about pausing the bleed and reevaluating. The education grifters are over the top screaming against stopping. It’s not the cause, it’s the money that gets stolen from you, me, Europeans by the “causes”.
Weak EU with a co-dependent mindset…like an abused spouse..