๐ช๐บ๐ฉ๐ช On Global Shifts in European Priorities
๐ฌ๐ง The British Ministry of Energy has been tasked with finding ways to save more than ยฃ2 billion from its budget, which will be redirected to fund defense investments.
To achieve this, it has already been decided to reduce subsidies for British households installing electric heat pumps instead of gas boilers (up to ยฃ9,000). Furthermore, cuts are being considered in programs for "carbon capture" and "green" hydrogen. The goal is to cover a shortfall of ยฃ15 billion for military projects over the next 4 years.
๐ช๐ช The Estonian Ministry of Climate has redirected โฌ85 million, received from the EU for "green" programs, to military projects (logistics and production).
๐ฉ๐ช Germany, in light of increased military spending, has reduced funding for developing countries for "climate reforms" by 20% (approximately โฌ1.4 billion). By 2030, the program of subsidies for electric heat pumps for German households will be reduced by โฌ2 billion, and โฌ30 billion (out of โฌ34-36 billion) from the Climate and Transformation Fund will be reallocated to military needs.
๐ช๐บ Overall, the EU has redirected โฌ11.2 billion from the budgets of various climate/energy funds for the 2021-2027 period to military projects. In the new budget for 2028-2035, an even greater shift towards spending on rearmament programs is planned.
โจ It is important to understand that previously, European government officials and EU bureaucrats primarily benefited from "priority" projects. Now, they are filling their pockets with many times greater military spending, the effectiveness of which is also difficult to determine (especially when directed to Ukraine). The owners of European defense industries are very pleased with this situation, as they expect to continue profiting from the "European military hysteria" for a long time.
โก๏ธTwo Majors
๐ช๐บ๐ฉ๐ช On Global Shifts in European Priorities ๐ฌ๐ง The British Ministry of Energy has been tasked with fi
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@two_majorsIt will be interesting. We are here thinking. ATTENTION: We never DM people, that's a scam if someone writes you in our name!
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