“Why a carbon tax would be bad for Britain” By Sam Packer, courtesy of Taxpayers’ Alliance UK In 2011, Australia introduced the Clean Energy Act to levy additional taxes on carbon emissions. It was repealed just three years later. Since then, British politicians have repeatedly advocated following suit, with 516 references made to the idea […]
Tag: emissions
EU Green Deal: Avoid emissions whackamole
“Financing Europe’s Green Deal: Beware of the Waterbed Effect” By Daniel Gros and Milan Elkerbout, courtesy of CEPS Big numbers are always a good way to attract attention. 1 thousand billion euros of investment is the headline figure of the ‘Sustainable Europe Investment Plan’ the European Commission recently presented to the European Parliament. […]
Cut hidden fuel subsidies to fight climate change
“The European Green Deal must cut hidden fossil fuel subsidies” By Simone Tagliapietra, courtesy of the Bruegel Institute One of the basic ideas in economics is that you tend to get the best results if people or firms that take decisions have to take account of all the benefits and costs. Climate change […]
Limits on Pension Investments Hurt Returns
By Ian Madsen, courtesy of Frontier Centre for Public Policy Recently, members of ‘Extinction Rebellion’, a climate change activist group, sat in protest at the University of British Columbia, beginning a hunger strike on January 6th, trying to stop UBC’s pension fund from making or holding any investments in fossil-fuel-related companies. Sadly, the […]
Green Deal doesn’t go far enough
“The European Green Deal – good intentions that won’t go far” By Roman Stöllinger and Michael Landesmann, courtesy of WIIW Designing the European Green Deal, which aims to realise the ecological transformation of the EU economy as the trading bloc’s growth strategy, is the right move at the right time. It sends a clear signal: […]
European Green Deal’s call for central planning is dangerous
“A trillion euros on the wrong policy” By HSH Prince Michael of Liechtenstein, courtesy of ECAEF and GIS There are several cost-efficient and market-friendly policies that could be implemented by both Germany and the European Union to reduce the impact of carbon emissions on the environment. However, these solutions are being cast aside while […]
Can Europe use trade to enforce Green Deal globally?
EU trade policy: Global enforcer for the European Green Deal By Johan Bjerkem, courtesy of EPC Stuck in a trade war between the US and China and in light of a dwindling World Trade Organization (WTO), the EU’s trade policy is in need of a new, positive and constructive agenda. The EU cannot afford […]
Ditching fuel subsidies cuts emissions without harming economy
“Removing fossil fuel subsidies reduces emissions with limited impacts on economic activity and household incomes Courtesy of ESRI New ESRI research examines how removing eight fossil fuel subsidies would impact both the economy and carbon emissions. It finds that simultaneously removing seven of them — all but the household fuel allowance — would […]
The European Green Deal Is Every Bit as Bad as Expected
By Bill Wirtz, courtesy of the Austrian Economics Center The European Commission has unveiled its “European Green Deal,” after taking hints on denomination from its American counterpart, the “Green New Deal.” While the legislation introduced in the U.S. Congress remains fiction under a Republican executive and Senate, the Brussels initiative will become law unless […]
Like it or not, Greta and Extinction Rebellion are here to stay
“Green with Envy” By Steven Gislam, courtesy of Industry Europe As we see a ramping up of the climate change protests by a newly emboldened Extinction Rebellion, like with so many other issues facing the world at this point in history, their actions seem to result in a total division of opinion and a […]