Friday 11 October 2019

GERMAN CABINET APPROVES "WEAK" CLIMATE MEASURES

This report shows the difficulty that Western governments find themselves in. On the one hand they need to try and keep their economies as strong as possible, while on the other hand they are under great pressure from the green lobby to decarbonise as fast as possible. The German measures are described as "weak" by the greens and yet look at some of them:

The government plans to introduce a carbon dioxide price of 10 euros ($11) a tonne for transport and heating in buildings from 2021 and gradually increase it to 35 euros in 2025. The government also wants to raise car and air traffic taxes as well as increase a road toll for trucks from 2023. It also wants to extend subsidies for electric cars 

Economists had hoped for a starting price of at least 40 euros and point to Switzerland where that price is about 90 euros for heating with fossil fuels. 

If those taxes were introduced here in the UK the government would become very unpopular, but if they are serious about net zero emissions of CO2 by 2050 then they will soon have to introduce them.


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