UK Carbon Tax

[piasabird]

This is a report on how the UK managed to drive up prices after the carbon taxes. If you think about it this just makes a giant problem requiring thousands of people to manage subsidies carbon taxes, green energy, and then taxes making electricity too high to afford. Is this what we want in the USA? Be careful what you ask for. This just makes thousands of hungry government workers that all have to be overpaid from your tax money.

https://www.yahoo.com/finance/news/uk-govt-intervention-made-energy-000707654.html

"LONDON (Reuters) - Constant government intervention in Britain's energy sector has led to a complex system of subsidies and an uncompetitive market that fails to deliver low-cost and secure electricity, a report by an upper-house parliamentary committee said on Friday."

I figure to hire just one worker with insurance and what not about 2/3rd of the money spent is wasted on the government employees.

 

[nakedfrog]

I'm trying to figure out which part of the article mentions a carbon tax anywhere.

 

[MikeMike]

I'm trying to figure out which part of the article mentions a carbon tax anywhere.

It says Carbon in the article, so obviously they're only referring to the carbon tax

/s

 

[ElFenix]

tax on carbon is the most transparent way to do it, you can get rid of subsidies and a bunch of regulations regarding carbon just by pricing the externality back into the system.


seems like the bigger issue is probably the nuke plants that the UK government is having built.