First off, you’d think the Wall Street Journal would know how bad carbon taxes are
A Carbon Tax Lets Markets Lead the Fight Against Climate Change
There’s no need to have government pick winners and losers, issue mandates or add to our deficit.The beauty of a carbon tax is that it uses market forces to stimulate innovation and reduce carbon emissions (“Oil Group Drafts Proposal for Carbon Tax on Fossil Fuels,” U.S. News, April 22). Economists find it among the fastest, fairest, cheapest and most effective actions we can take to limit global warming.
Under the Energy Innovation and Carbon Dividend Act, 95% of low- and middle-income earners are expected to save money or break even, with the poorest seeing the greatest health and economic benefits. All this without our government picking winners and losers, issuing mandates or adding to our deficit.
Tom Hazelleaf
Seal Beach, Calif.
See, this might be a letter from a reader, but, the headline came from the WSJ. And, you’d think someone in California would know exactly what their carbon taxes and insane climate cult policies are doing. Carbon taxes do pick winners and losers, and, who does Hazelleaf think is running the tax schemes, and setting the pricing?
Tax hike many forgot about to hit most Irish homes from today with bills set to jump even further
An increase in carbon tax on home heating fuels comes into effect today which will see the majority of homes hit with a hike in costs.
This jump will mean the price of gas in every home will rise by €1.40 per month and home heating oil will increase by €1.50.
Finance Minister Paschal Donohoe explained that this move was vital to help the public with the rise in the cost of living here, “but also in particular, to offset the increase in carbon tax.”
However. applications remain open for the Fuel Allowance payment for 2022/2023, which will start up again in September.
Of course, the Government starts yammering about offsets and reducing the VAT (a government tax) will reduce the already sky high cost of energy. It might not be much, but, at the end of the day, the increases will be passed around then passed to the consumers. This stuff never goes down.
Read: Ireland To See Rise In Carbon Tax On Back Of Rising Inflation And Energy Prices »