From €15B to €51B carbon really went from air to cash cow faster than EU farmers could say subsidy.
AckerHerron on
“Why is the EU economy struggling compared to the US?”
JazzlikeAmphibian9 on
This is a tax the average consumer pays in the end.
FeelingMammoth4133 on
Not gonna lie that’s a huge jump. Like triple in six years is wild. I’m curious how much of that is actually cutting emissions vs just passing the cost onto regular people at the pump and on heating bills. Feels like the usual “tax it and hope for the best” move.
ivilnachoman on
And the money goes where?
Kyshlo_Ren on
This isn’t a good news.
We will cheer when CO2 emissions isn’t bringing any money because we found ways to do without.
Those are like revenue from taxes on tobacco.
tgromy on
The USA and China are developing much faster because they do not artificially stifle their economies with CO₂ taxes. Europe will not save the planet this way, since it accounts for less than 10% of global CO₂ emissions, but it does lose global competitiveness.
Boertie on
If taxes are the solution to a problem, the problem can’t be serious…
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From €15B to €51B carbon really went from air to cash cow faster than EU farmers could say subsidy.
“Why is the EU economy struggling compared to the US?”
This is a tax the average consumer pays in the end.
Not gonna lie that’s a huge jump. Like triple in six years is wild. I’m curious how much of that is actually cutting emissions vs just passing the cost onto regular people at the pump and on heating bills. Feels like the usual “tax it and hope for the best” move.
And the money goes where?
This isn’t a good news.
We will cheer when CO2 emissions isn’t bringing any money because we found ways to do without.
Those are like revenue from taxes on tobacco.
The USA and China are developing much faster because they do not artificially stifle their economies with CO₂ taxes. Europe will not save the planet this way, since it accounts for less than 10% of global CO₂ emissions, but it does lose global competitiveness.
If taxes are the solution to a problem, the problem can’t be serious…