WhatFinger

A critical new threat to family finances

Let Them Eat Carbon: Britain’s Green Tax Con


By Guest Column Benny Peiser——--August 15, 2011

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Every household is paying £500 more than they should in green taxes, researchers claim. Their figures show that environmental taxes hit £41billion last year as family finances came under great strain. Mr Sinclair said environmental levies represented a critical new threat to family finances. He warned that this figure was likely to be too low because the Government estimate of the social cost per ton of carbon dioxide is itself considered too high. --Kirsty Walker, Daily Mail, 15 August 2011

The biggest threat to taxpayers right now is expensive new green taxes and subsidies. In the first ever mainstream book on this subject – published Thursday 18 August – TaxPayers’ Alliance Director Matthew Sinclair has exposed how this is the critical new threat to family finances. With rising fuel bills and petrol prices, it will be a defining feature of the political landscape over the coming year. --TaxPayers' Alliance, 15 August 2011 Here's the reality: the backlash against industrial wind is real, it's global, and it's growing. --Robert Bryce, Huffington Post, 12 August 2011 Plans to get more than a third of Britain's energy from wind are unfeasible, as the national grid would not be able to cope, say researchers. --Rowena Mason, The Sunday Telegraph, 14 August 2011 Companies of the finance-intense sector of renewable energy risk are getting their supply of cash cut off. Investors are opting for lower risk projects. Almost everywhere globally governments are scaling back programs that support renewable energies. Germany, Italy and Spain are reducing subsidies, in America the money from the 2009 stimulus package is slowly running out. --Technology Review, 12 August 2011 Deeply in the red, hardly any demand: The German solar industry is the big loser of the green energy transition. The blame lies not only with competitors from Asia, but also with German subsidies. --Patrick Kremer, Wirtschaftswoche, 11 August 2011 Pharmaceutical and chemical giant Bayer on Saturday issued a warning that it my leave Germany because of rising electricity prices linked to Germany's decision to end its nuclear energy program. --Deutsche Welle, 7 August 2011

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Guest Column——

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